{"id":15587,"date":"2021-03-23T14:28:37","date_gmt":"2021-03-23T18:28:37","guid":{"rendered":"https:\/\/www.northcentralmass.com\/?p=15587"},"modified":"2023-12-07T11:30:15","modified_gmt":"2023-12-07T16:30:15","slug":"ncmdc-loan-update","status":"publish","type":"post","link":"https:\/\/www.northcentralmass.com\/es\/ncmdc-loan-update\/","title":{"rendered":"NCMDC Loan Update"},"content":{"rendered":"<p><span data-ogsb=\"white\">The Chamber\u2019s economic development arm \u2013 the North Central Massachusetts Development Corporation \u2013 has closed seven micro-loans for a total of $333,500 since October 1, 2020. The loans were made to a mix of existing and start-up businesses and ranged from $6,000 to $150,000. There are another three loans totaling $325,000 that have been approved but haven\u2019t closed yet. We are also excited to share that the U.S. Small Business Administration recognized the Development Corporation in December for its success in providing micro-loans.=<\/span><\/p>\n<p><span data-ogsb=\"white\">The North Central Massachusetts Development Corporation (NCMDC) is a non-profit economic development corporation with the mission of creating jobs and improving the economy. NCMDC is certified by the U.S. Small Business Administration (SBA), and the U.S. Department of the Treasury under the Community Development Financial Institutions (CDFI) Program. The NCMDC works in partnership with local banks, credit unions, chambers of commerce and area nonprofits to support emerging microenterprises, small businesses, and community projects in 76 communities in Worcester, Middlesex and Franklin Counties with loans and business assistance.\u00a0 Since 1996, the NCMDC has granted over $8,000,000 in loans to small businesses to help grow jobs and the economy in the region.<\/span><\/p>\n<p><a href=\"https:\/\/www.northcentralmass.com\/wp-content\/uploads\/2021\/03\/Dogfather-II.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-15574\" src=\"https:\/\/www.northcentralmass.com\/wp-content\/uploads\/2021\/03\/Dogfather-II-300x225.jpg\" alt=\"\" width=\"300\" height=\"225\" srcset=\"https:\/\/www.northcentralmass.com\/wp-content\/uploads\/2021\/03\/Dogfather-II-300x225.jpg 300w, https:\/\/www.northcentralmass.com\/wp-content\/uploads\/2021\/03\/Dogfather-II.jpg 384w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a> <a href=\"https:\/\/www.northcentralmass.com\/wp-content\/uploads\/2021\/03\/Black-Hydra-1.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-15579\" src=\"https:\/\/www.northcentralmass.com\/wp-content\/uploads\/2021\/03\/Black-Hydra-1-300x225.jpg\" alt=\"\" width=\"300\" height=\"225\" srcset=\"https:\/\/www.northcentralmass.com\/wp-content\/uploads\/2021\/03\/Black-Hydra-1-300x225.jpg 300w, https:\/\/www.northcentralmass.com\/wp-content\/uploads\/2021\/03\/Black-Hydra-1-450x338.jpg 450w, https:\/\/www.northcentralmass.com\/wp-content\/uploads\/2021\/03\/Black-Hydra-1.jpg 532w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a> <a href=\"https:\/\/www.northcentralmass.com\/wp-content\/uploads\/2021\/03\/Connecting-to-Greatness-1.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-15582\" src=\"https:\/\/www.northcentralmass.com\/wp-content\/uploads\/2021\/03\/Connecting-to-Greatness-1-300x225.jpg\" alt=\"\" width=\"300\" height=\"225\" srcset=\"https:\/\/www.northcentralmass.com\/wp-content\/uploads\/2021\/03\/Connecting-to-Greatness-1-300x225.jpg 300w, https:\/\/www.northcentralmass.com\/wp-content\/uploads\/2021\/03\/Connecting-to-Greatness-1-450x338.jpg 450w, https:\/\/www.northcentralmass.com\/wp-content\/uploads\/2021\/03\/Connecting-to-Greatness-1.jpg 640w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>The Chamber\u2019s economic development arm \u2013 the North Central Massachusetts Development Corporation \u2013 has closed seven micro-loans for a total of $333,500 since October 1, 2020. The loans were made to a mix of existing and start-up businesses and ranged from $6,000 to $150,000. There are another three loans totaling $325,000 that have been approved [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[125],"tags":[],"class_list":["post-15587","post","type-post","status-publish","format-standard","hentry","category-ncmdc"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>NCMDC Loan Update &#187; North Central Massachusetts Chamber of Commerce<\/title>\n<meta name=\"description\" content=\"The Chamber\u2019s economic development arm \u2013 the North Central Massachusetts Development Corporation \u2013 has closed seven micro-loans for a total of $333,500\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.northcentralmass.com\/es\/ncmdc-loan-update\/\" \/>\n<meta property=\"og:locale\" content=\"es_ES\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NCMDC Loan Update &#187; 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