Micro-Loan Fund
General
| Loan Fund of Mesa
County | Cash
Flow Sheet | Loan
Application
The Peterson Fund and the Women's Foundation of Colorado Fund are
micro-loan programs that provide start-up or expansion
money to small businesses in Mesa County. To be eligible
for these loans, the business owner must fit the State
of Colorado low- to moderate-income guidelines. The
initial funding for these programs came from private
donations/grants. These funds are specifically for micro-enterprise
development and combines basic business education with
small loans.
State of Colorado Low to Moderate
Income Guidelines
Type
of
Household |
1 pers. |
2
pers. |
3 pers. |
4
pers. |
5 pers. |
6
pers. |
7 pers. |
8
pers. |
Moderate
Income |
30200 |
34500 |
38800 |
43100 |
46550 |
50000 |
53450 |
56900 |
Low
Income |
18850 |
21550 |
24250 |
26950 |
29100 |
31250 |
33400 |
35550 |
Loan Guidelines
- Amount: $1,500 to $5,000
- Terms: One to three years
- Interest Rates: Current prime rate
- Loan Uses: Start-up or existing
business expenses, including capital expenditure and
working capital.
For more information call (970) 243-5242
or e-mail hroe@gjincubator.org
|
