UCEDC - Impact and Results
How a loan from UCEDC impacts a community
Small business loans can change communities. When a business owner invests in his or her business, the community benefits from active streetscapes, increased employment, and an improved business climate.
| Year | # of loans | Total Amount Lent | Project Totals (mil) |
Jobs created or retained | % of $ to women and minority owned businesses |
|---|---|---|---|---|---|
| 2003 | 26 |
$576,466 |
$1.580 |
136 |
$170,000/ 29% |
| 2004 | 31 |
$683,900 |
$1.173 |
160 |
$321,900/ 47% |
| 2005 | 49 |
$1.148 mil |
$1.507 |
536 |
$593,000/ 51% |
| 2006 | 34 |
$748,000 |
$1.567 |
272 |
$565,000/ 76% |
| 2007 | 39 |
$1.021 mil |
$7.515 |
231 |
$350,784/ 34% |
