NEED:

Various business owners need assistance in loan application packaging process for the purpose of starting or expanding their business.

HOW RBEDP HELPED:

RBEDP offered small business owners technical assistance in locating, applying and closing of small business loans and finacial management of the allocated loans.

RESULTS:

Anthony Strong, owner of Strong's Automotive in Selma, Alabama received technical assistance from the RBEDP in packaging a Community Express Loan in the amount of $50,000 to purchase additional vehicles to expand his business.Clifford Jackson, owner of Jackson  Accounting Service of Hayneville, AL received technical assistance from the RBEDP in packaging a Community Express Loan in the amount of $25,000 to increase working capital.   Farrior Produce Transportation of   Montgomery, AL., received technical assistance from the RBEDP in packaging a Community Express Loan in the amountof $40,000 to purchase a refrigeration truck. Tina Hall, owner of Snowman Gift Shop in Epes, AL. received technical assistance  from the RBEDP in packaging a Community Express Loan in the amount of $25,000 to start her own business.  And Charles Crews, Jr., owner of Pro Wash in Sawyerville, AL. received technical assistance from the RBEDP in packaging a Community Express Loan in the amountof $25,000 to expand his business.