THE 7(m) MICROLOAN PROGRAM IN ALABAMA  5-2006    

The MicroLoan Program provides small loans ranging from as little as $100 to $35,000.

USE OF PROCEEDS - Microloans may be used to finance furniture, machinery, equipment, fixtures, inventory, and/or working capital. 

There are three intermediary lenders in the State of Alabama:

 Birmingham Business Resource Center
Executive Director: Robert Dickerson, Jr.
 Microlending: LaTanya Jordan
 1500 1st Avenue North, Suite B108 
 Birmingham, AL    35203
  E-mail: info@bbrc.biz
 Website: www.bbrc.biz
 Telephone: (205)250-6380    Fax (205)250-6384
 Service Area:   Jefferson County
 Maximum Loan:  $7500

Seedco Financial-Alabama

Ivan Holloway, Vice President

Microlending:  Herman Williams

505 North 20th Street

Suite 1525

Birmingham, Al 35203

Email:  SFSinfo@seedco.org

Website:  www.seedcofinancial.org

Telephone:  (205)715-2714  Fax:  (205)715-2711

Maximum Loan:  $35,000

Service Area:  15 Alabama Counties

Counties with metro cities identified in parentheses are as follows:

Jefferson (Birmingham), Madison (Huntsville), Mobile (Mobile), Montgomery(Montgomery)

Tuscaloosa (Tuscaloosa), Choctaw, Dallas, Greene, Hale, Lowndes, Macon, Perry

Pickens, Sumter, Wilcox

 
 Community Enterprise Investments, Inc.
 Executive Director: Daniel Horvath
 Microloan Contacts:  Richard Jemison
 302 North Barcelona Street
 Pensacola, FL   32501
    Percy Goodman
 E-mail: rjemison@ceii-cdc.org
  eljojr@aol.com
  pgoodman@ceii-cdc.org
 Website: www.ceii-cdc.org
 Telephone:   (850) 595-6234    Fax (850) 595-6264
 Toll Free: 1-888-605-2505
 Service Area: Autauga, Baldwin, Barbour, Butler, Bullock, Choctaw, Clarke,
   Coffee, Conecuh, Covington, Crenshaw, Dale, Dallas, Escambia,
   Geneva, Greene, Henry, Houston, Lee, Lowndes, Marengo, Mobile,
   Monroe, Montgomery, Perry, Pike, Russell, Sumter, Washington
   and Wilcox counties.