Chamber hosts loan clinic for existing businesses | TahoeDailyTribune.com

Chamber hosts loan clinic for existing businesses

SOUTH LAKE TAHOE, Calif. – The Lake Tahoe South Shore Chamber of Commerce – in conjunction with several other business groups, lenders and government agencies – will host a business loan clinic from 9:30 a.m. to 12:30 p.m. on June 22 at Lake Tahoe Community College.

Lenders supporting a variety of Small Business Administration lending programs for businesses in existence for two years or more will be present at the clinic.

Examples of SBA programs include loans of up to $2 million for existing business with historic repayment ability, loans of up to $250,000 for existing businesses and unsecured loans of up to $25,000.

Bank lenders at the clinic will include: Bank of the West, Celtic Bank, Heritage Bank of Nevada, United Western Bank, US Bank and Wells Fargo Bank.

Non-Bank lenders will include: Nevada Microenterprise Initiative, Rural Nevada Development Corporation, Sierra Economic Development Corporation and Superior Financial Group.

“I’m very excited about these new programs and the participation of our lending partners and resource partners,” said David Leonard, SBA Senior Area Manager, in a statement. “Applicants will be able to apply for a commercial loan, setup a commercial checking account, and set up counseling with a technical assistance partner in one stop.”

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Seating is limited. For more information or to RSVP, call (775) 588-1728.

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