Small Business Plus! Program
A collaboration between Montgomery County and community banks headquartered in the County. Offered by Montgomery County Department of Finance.
Key Facts
- Funder
- Montgomery County Department of Finance
- Award amount
- Not specified by funder
- Deadline
- Rolling / not specified
- Geography
- Maryland
- Categories
- Community Development
- Status
- Open
About This Grant
A collaboration between Montgomery County and community banks headquartered in the County. The County invests $50 million in participating community banks, which commit an equal amount of lending, resulting in $100 million lent to local small businesses to promote job creation. Banks must be headquartered in Montgomery County, have assets between $200 million and $10 billion, and meet safety and soundness standards including a minimum Veribanc rating. Participating banks must originate loans...
Full requirements and application instructions: official listing.
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