phone: (209) 937-8539 • fax: (209) 937-5099 … › files › small business micro loan...small...
TRANSCRIPT
Small Business Micro Loan Program
$3,000 - $30,000
City of StocktonEconomic Development Department
400 East Main Street, 4th Floor Stockton, CA 95202
Phone: (209) 937-8539 • Fax: (209) 937-5099 Email: [email protected]
www.stocktongov.com
Complete the enclosed preliminary application and credit check form. A complete application form, along with a list of required documents, will be provided upon review of your preliminary application.Enclose a non-refundable $50 check, payable to the City of Stockton.Make a business consulting appointment, courtesy of San Joaquin Delta College Small Business Development Center, 209-954-5089.
Benefits of the Program
• Flexible terms and conditions• Tailored to specific needs of the borrower• Amortization structured to match the purpose
of the loan• No pre-payment penalties• Business consulting provided by SBDC at no
cost to the borrower
Get the Funds You NeedBusiness loans from $3,000 - $30,000
Eligibility Requirements:• Business located within Stockton city limits• For-profit enterprise• Able to repay debt• History of meeting financial obligations• Business consulting from San Joaquin Delta
College Small Business Development Center(SBDC) required
• Business must create or retain at least one job.
Funds may be used for most reasonable business purposes, including:• Operating capital (including permit fees and
inventory)• Tenant improvements and expansion• Furniture, fixtures and equipment• Purchase manufacturing equipment
All loans are subject to availability of funds.
The Small Business Micro Loan Program is funded with federal Community Development Block Grant dollars. As a result, businesses will be required to create or retain at least one part-time or full-time equivalent job depending on the amount loaned. See program guidelines for details.
How to Apply1.
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PLEA
SE C
OM
PLET
E EN
TIRE
APP
LIC
ATIO
N F
ORM
AN
D E
NC
LOSE
$50
CHE
CK
Am
ount
Req
uest
ed $
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chec
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ly)
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nd/o
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thly
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In c
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an a
pplic
atio
n th
at I/
we
have
mad
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the
Stoc
kton
Sm
all B
usin
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Mic
ro L
oan
Prog
ram
(SB
MLP
), I/w
e au
thor
ize re
leas
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any
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requ
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y SB
MLP
. Thi
s inf
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ay in
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ut m
ay n
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it re
ports
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n/ob
ligat
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ent h
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nd in
com
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rifica
tion,
and
acc
ount
dep
osit
hist
orie
s and
bal
ance
s. A
cop
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this
auth
oriza
tion
may
be
dee
med
to b
e th
e eq
uiva
lent
of t
he o
rigin
al a
nd m
ay b
e us
ed in
lieu
of th
e or
igin
al.
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So
cial
Sec
urity
Num
ber
Driv
er L
icen
se #
/Sta
te
D
ate
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Borro
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_So
cial
Sec
urity
Num
ber
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er L
icen
se #
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te
D
ate
Prel
imin
ary
Smal
l Bus
ines
s Lo
an A
pplic
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n/C
redi
t Che
ck F
orm
Let u
s kn
ow h
ow y
ou h
eard
abo
ut th
eS
mal
l Bus
ines
s M
icro
Loa
n P
rogr
am.
oO
ther
Len
der
o A
dver
tisem
ent
oN
ews
Arti
cle
o
Frie
nd
oO
ther
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