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… documentation of policies and procedures for the microloan program; (5) loan file documentation not retained in loan files; (6) untimely processing of Microloan transactions and improper intermediary lending …
… (MDIs), Certified Development Companies (CDCs), and Microloan Intermediaries as part of the agency’s ongoing … pleased to have opened PPP loans to CDFIs, MDIs, CDCs, and Microloan Intermediaries. The PPP is already providing …
… repairs. West Oakland Auto Repair receive their first microloan through the Southern Minnesota Initiative … pace. West Oakland Auto Repair received an additional SBA microloan through SMIF for the purchase of a larger facility. …
… loans, including a record volume of dollars lent in the Microloan and Community Advantage Programs. Specifically, … over 5,000 loans were approved for over $72 million in the Microloan program and over 1,000 loans for over $150 million …
… Intermediaries currently participating in the Microloan program are not eligible to become ILP lenders; however, affiliates of Microloan intermediaries may apply if they can demonstrate at …