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WorkingCapital <br /> "...to assist small businesses in obtaining bank financing for business operations." <br /> Who's Eligible: Small businesses that Current Budget Not applicable <br /> have been in operation for at least one <br /> year are eligible. Bars and restaurants are <br /> not eligible. <br /> Application Procedure: Call the Estimated Annual Production: <br /> Business Finance Department for an Based on demand <br /> application. <br /> Contact Person: Irk Nathanson, 673-5183, Business Finance Department <br /> Program Summary: Small business generally borrow up to about $60,000,but there is <br /> no ceiling on the loan amount. The MCDA guarantees 75% of the bank's loan or the <br /> first $30,000 of the loan, whichever is less. <br /> - 43 - <br />