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Pathway Lending Receives $1 Million Wells Fargo Grant To Accelerate Job, Revenue Growth Among Tennessee Minority-Owned Small Businesses

Pathway Lending Receives $1 Million Wells Fargo Grant To Accelerate Job, Revenue Growth Among Tennessee Minority-Owned Small Businesses
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SOAR Fund offers low-interest loans, free business support

May 10, 2021 Small businesses and nonprofits across Delaware can now get low-interest loans of up to $100,000 and free business support from the Southern Opportunity and Resilience Fund as they work to recover from the pandemic. Companies and agencies across Delaware can begin applying for very low-interest loans of up to $100,000 and free business support through the SOAR Fund, a new program created by a diverse group of community lenders aimed at helping small businesses and nonprofits navigate and rebuild from the COVID-19 health and economic crisis. According to the U.S. Census Bureau Small Business Pulse Survey, 47 percent of Delaware small businesses have less than two months’ cash on hand, and one-third of small businesses in the state expect to seek capital in the next six months.

JPMorgan Chase Donates Money To Strengthen Small Business Ecosystem In Chattanooga

JPMorgan Chase Donates Money To Strengthen Small Business Ecosystem In Chattanooga Wednesday, April 28, 2021 The Urban League of Greater Chattanooga, LAUNCH and Pathway Lending, with the support of JPMorgan Chase, are collaborating to find innovative ways to strengthen the small business ecosystem for minority entrepreneurs in Chattanooga. “We know the COVID-19 pandemic has uniquely impacted our women and minority small business owners, and this collaboration of partners is focused on investing in an economic recovery that works for everyone, “ said Stefanie Mansueto, Chattanooga Market executive, JPMorgan Chase  “There is a strong small business ecosystem in Chattanooga and we are committed to developing innovative strategies for long-term, inclusive growth.”

COVID-19 Loans Available For Alabama Small Businesses, Nonprofits

COVID-19 Loans Available For Alabama Small Businesses, Nonprofits Patch 1 hr ago Michael Seale © Shutterstock Small business owners and nonprofits across Alabama can begin applying for low interest loans of up to $100,000. BIRMINGHAM, AL Small business owners and nonprofits across Alabama can begin applying Tuesday for low interest loans of up to $100,000 and free business support through the Southern Opportunity and Resilience Fund. The SOAR Fund covers Alabama, Arkansas, Delaware, Florida, Georgia, Louisiana, Maryland, Mississippi, North Carolina, Oklahoma, South Carolina, Tennessee, Texas, Virginia, West Virginia and the District of Columbia. According to the U.S. Census Bureau Small Business Pulse Survey, 58 percent of Alabama small businesses have less than two months cash on hand and one-third of small businesses in the state expect to seek capital in the next six months.

SOAR Fund begins accepting applications today

SOAR Fund begins accepting applications today
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