Small Business Loans

CMPDD fosters economic development through a variety of business financing programs. These programs are designed to help businesses grow and create jobs. They are intended to work with, not replace, existing commercial financing and usually are combined with commercial sources to finance a complete project.

CMPDD works directly with the business client to package a financing plan that meets the needs and credit criteria of the business. CMPDD can draw from one or more of the following financing programs:

  • US Small Business Administration 504
  • Economic Development Administration
  • MS Minority Business Enterprise
  • MS Minority Business Enterprise – Micro
  • MS Small Business Assistance
  • Rural Business Enterprise Loan Program
  • Loan Guarantee Programs
  • SBA Export Working Capital

NOTE: Interest Rates are subject to change without notice.

Each program has specific eligibility criteria and conditions. The consolidated loan application is intended to gather the information needed to assess the credit needs of a business. CMPDD will use this information to help the business access the most appropriate financing program(s).

To Download a Consolidated Loan Application Form, click here(you can save the form to your computer, use Adobe Acrobat to fill in the application and print a copy)

For additional information, please contact Dwayne Perkins at (601) 982-8381.