SEDD approves micro-loan plan for Southside

Southside businesses that need small loans for emergencies and improvements may soon get help when a plan approved by the Southside Economic Development District rolls out in the coming months.

In its regular meeting Monday night, the SEDD Board of Commissioners approved a resolution to begin a micro-lending program in cooperation with banking institutions to help struggling Southside businesses meet unexpected emergencies or other business needs.

The micro-loan program will be a special help to small businesses who face…

 

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