Here you will find information about the Technical Assistance provided for Small Businesses, some useful guides, as well as some statistical information about the number of services provided.
If you want to make your business more energy efficient and/or want to use renewable energies, you will hopefully find the information provided in this section useful.
Our Loan Programs require the borrower to inject some equity (at least 10%; depending on circumstances, up
to 20%)and in most cases additional loans from third party lenders. The additional funds involved with each project are called "Leverage" and represent the
private sector involvement with our loan programs. It is our goal to attract at least $2 for each $1 invested from our federally funded loan programs.
Source
Total Portfolio ($)
Active Portfolio ($)
Private
36,660,341
8,368,781
Other
17,030,110
5,503,305
Equity
22,076,229
7,469,675
PADD
29,834,899
7,621,627
Total
105,601,579
28,963,387
Leverage
1 : 2.54
1 : 2.8
Leverage
Job Creation / Retention as of 06/30/2011
All of our Loan Programs and every individual technical assistance received from the PADD has just one goal:
To create or at the very least save (retain) jobs that would otherwise be lost. Our loan programs stipulate a so-called Loan-to-Job-Ratio, which basically means
that for each individual loan amount, a specific number of jobs has to be created or retained. That ranges from $25,000 per job for USDA and EDA loans, up to $65,000
for SBA 504 loans. The following is a summary of jobs created or retained since the inception of our first loan program.
County
IRP
RLF
PACRO
SBA
Total
Ballard
180
223
0
36
304
Calloway
280
2,167
0
34
2,385
Carlisle
56
14
0
35
105
Fulton
111
223
18
20
296
Graves
268
875
100
41
958
Hickman
26
14
6
13
35
Marshall
85
14
0
39
102
McCracken
38
688
69
391
986
Other
0
0
0
244
244
Total
1,044
4,218
193
853
5,415
Job Creation
Click on any series in the legend to show or hide that series! Click on the buttons below to change
the chart type!
Closed Loans as of 06/30/2011
Since the inception of our first loan program in the mid 1980's, the PADD is the premier contact for small
businesses in our region that want to obtain a loan for their business but can not get approval from a bank alone. The following is a summary of all the loans
that successfully closed since we created our first loan program. Of course, for each closed loan, there are often several other loans that got approved but did
not get closed; may it be because the applicant withdrew the application or other circumstances prevented the PADD from closing the loan.
County
IRP ($)
RLF ($)
PACRO ($)
SBA ($)
Total ($)
Ballard
1,087,297
1,165,667
457,923
94,796
2,805,683
Calloway
300,000
1,344,706
0
326,500
1,971,206
Carlisle
230,000
30,000
0
50,000
310,000
Fulton
532,000
522,500
45,000
365,000
1,464,500
Graves
1,137,596
1,787,712
834,971
637,500
4,397,778
Hickman
326,413
220,850
91,500
221,000
859,763
Marshall
781,304
307,142
463,747
736,750
2,288,943
McCracken
287,641
2,345,976
2,350,109
4,610,300
9,594,026
Other
0
0
500,000
5,643,000
6,143,000
Total
4,682,251
7,724,553
4,743,250
12,684,846
29,834,899
Total Loan Portfolio
Click on any series in the legend to show or hide that series! Click on the buttons below to change
the chart type!
