7 November 2005
Small Business Loan Clinic Nov. 17
SBA LOAN CLINIC
$5,000 to $50,000 SBA Loans
No Collateral Required
The Small Business Administration in conjunction with the Chamber - Gadsden & Etowah County, Jacksonville State University
Small Business Development Center, Jacksonville State Center for Economic Development, and the Alabama Small Business
Institute for Commerce are hosting a one-day loan clinic at the Chamber Office in Gadsden on November 17, 2005. Start-up and
existing business owners will be able to apply for SBA loans. The loans are unsecured (require no collateral). Start-up and
existing small businesses can apply for unsecured small business loans up to $50,000.
Using the Community Express program, start-up and existing business applicants can apply for unsecured loans up to $50,000.
This program requires the clients to receive business counseling from a technical assistance provider (TAP) before approved
loans are disbursed. The counseling is free. The Jacksonville State University Small Business Development Center will have
representatives available to schedule counseling and to assist with the application process.
"I'm very excited about these new programs and the participation of our lending partners and resource partners." says Michael
Ricks, Alabama SBA Director. "We now can offer applicants tools that can provide access to capital. These new products and
technology provide these services to the citizens of Alabama in a timelier manner."
The event will be held Thursday, November 17th from 9:00 a.m. until 3:00 p.m. Group presentations of the SBA programs will
be made at 9:00 a.m., 10:00 a.m., 11:00 a.m., 1:00 p.m. and 2:00 p.m.
For more information concerning the loan clinic, contact the Chamber at (256) 543-3472 or the Jacksonville State University
Small Business Development Center at (256) 549-8464 or (256) 782-5271.
Funded in part through a cooperative agreement with the U.S. Small
Reasonable accommodations for persons with disabilities will be made if requested at least two weeks in advance.
Contact Suzi Donaldson, JSU SBDC, 700 Pelham Rd. North (113-A Merrill Bldg.), Jacksonville, AL 36265, (256) 782-5271, to
for news releases by using the request form at www.jsu.edu/newswire/request.