Areas Served: City of Murfreesboro
Murfreesboro’s Microenterprise Loan Fund supports the City’s goal to expand economic opportunity for its residents.
The purpose of the program is to provide both technical assistance and financial assistance to existing microenterprises or to persons developing a microenterprise.
A microenterprise is a business having five or fewer employees.
One or more of the employees must own the business.
Click here for more information on eligibility.
Technical assistance for prospective borrowers is provided through a partnership between the City and Middle Tennessee State University’s Tennessee Small Business Development Center.
The TSBDC counselors work with prospective borrowers to prepare them for loan readiness, and then continue to work with the borrowers’ businesses after the loan has been issued.
For more information, contact Eugene F.
Osekowsky at the Center.
(898-2745 or gosekowsky@tsbdc.
org) The minimum loan is $5,000 and the maximum loan is $10,000. The City will consider a waiver to either the maximum or minimum loan amount if such a course is recommended by the Tennessee Small Business Development Center.
Contact InformationCity of Murfreesboro, Tennessee
Address: 111 W Vine st
City: Murfreesboro
State: Tennessee
Website:
http://www.murfreesborotn.gov/index.aspx?NID=321
Leave a Reply