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SBA 504 LOAN PROGRAM
Loan program for small-medium size businesses operating
three years or more. Program guarantees 40% of projects ranging from $150,000
to $5,000,000.
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URBAN LOAN FUND
Loan Program for any minority-owned business or any
small business in Detroit, Ecorse, Hamtramck, Highland Park, Inkster, River
Rouge or other designated distressed community. Program loans 30% of projects
under $200,000.
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CDBG
Loan Program To develop viable urban communities by providing decent housing and a suitable living environment, and by expanding economic opportunities, principally for persons of low and moderate income.
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