Rolling / unspecified deadlineMaryland

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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