/PRNewswire/ The Freedom Bank of Virginia (OTCQX: FDVA), announced today that it received an Honorable Mention in the American Bankers Association (ABA).
Freedom Bank to help fund the new NOVA Technology Loan fund | State
News Highlights: Freedom Bank to help fund the new NOVA Technology Loan fund | State
FAIRFAX, Va., Jan. 19, 2021 / PRNewswire / – The Freedom Bank of Virginia (OTCQX: FDVA) announced today that it will help fund a new $ 50,000 revolving loan fund called the NOVA Technology Loan Fund (the Fund). The new fund will help provide funding and technical assistance to minorities and entrepreneurs of color in the DC region, especially those in Northern Virginia, who are suffering significant economic damage as a result of the Coronavirus outbreak (COVID-19 ). The fund will be established by Freedom Bank and Northern Virginia Technology Council (NVTC) and together look for additional financing partners. The Fund will be managed by the Community Business Partnership, Inc. (CBP).
Freedom Bank to Assist in Funding the New NOVA Technology Loan Fund
Bank seeds a new $50,000 revolving loan fund focused on financing and technical assistance for minorities and entrepreneurs of color in the DC Region.
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FAIRFAX, Va., Jan. 19, 2021 /PRNewswire/ The Freedom Bank of Virginia (OTCQX: FDVA) announced today that it will assist in funding a new $50,000 revolving loan fund called the NOVA Technology Loan Fund (the Fund). The new Fund will help provide financing and technical assistance for minorities and entrepreneurs of color in the DC Region, specifically those located in Northern Virginia, who are suffering substantial economic injury because of the Coronavirus (COVID-19) outbreak. The Fund will be seeded by Freedom Bank and the Northern Virginia Technology Council (NVTC) and together they will seek additional funding partners. The Fund will be administered by the Community Business Partnership, Inc. (CBP).