New Loan Program Fosters Small Business Ventures
The Alamo Economic Development Corporation is now offering a new Micro-Loan Program that will help small business owners expand their efforts in the city. The Micro-Loan Program works by lending money to local businesses, with the funds being paid back with the interest. The funds are then reused. The loans are possible with assistance from USDA – Rural Development. Qualified applicants must be located in Alamo and have a minimum…