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Oct. 27, 2011
For immediate release
For more information, contact:
Maria Kardon or Bonnie J. Prigge, (573) 265-2993
SBA workshop planned for lenders, small business Nov. 30
ST. JAMES—Regional lenders and small businesses are encouraged to participate in a Small Business Administration workshop on covering the SBA 504 loan program and international trade opportunities from 1 to 3:30 p.m. on Nov. 30, 2011, at the Meramec Regional Planning Commission, 4 Industrial Drive, St. James, Mo.
Information will be provided on exporting opportunities for new businesses, new SBA regulations effective Oct. 1, 2011 and the new refinance program offered by SBA.
Area lenders, small business owners, bank representatives, accountants, attorneys, and economic development professionals are encouraged to participate in the workshop, which is offered free of charge. The SBA St. Louis office is providing the workshop with MRPC and Meramec Regional Development Corp. serving as hosts.
The workshop will feature presentations from Larry Cresswell, lender relation specialist, and Bob Newman, senior area manager, both of SBA.
Representatives from the following agencies will be present for support: SBA, U.S. Foreign Commercial Services, Missouri Department of Economic Development, Small Business and Technology Development Center, SCORE Association and MRDC.
Individuals interested in participating in the free workshop should RSVP by Nov. 28 to Maria Kardon or Tonya Price at MRPC at (573) 265-2993 or email mkardon@meramecregion.org or tprice@meramecregion.org.
MRDC, an SBA certified development company, packages SBA 504 and 7a loan applications. SBA provides long-term, fixed-interest loans to help finance business start-ups and expansions that are creating and/or retaining jobs. The program works in cooperation with banks to induce private lenders to participate in business loans.
The MRDC board is also responsible for reviewing and making loans through local revolving loan funds owned by MRPC. Persons needing more information on RLF, IRP and SBA loans should contact Tonya Price or Maria Kardon at (573) 265-2993 or email at tprice@meramecregion.org or mkardon@meramecregion.org.
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