More Loans for Small Businesses and Farmers

8 years 2 months 1 week ago Thursday, September 30 2010 Sep 30, 2010 Thursday, September 30, 2010 10:22:27 AM CDT September 30, 2010 in News
COLUMBIA - An announcement from the state treasurer means more loan money to create more than 2,000 jobs in the next year.

Commerce Bank is committed to lending $100 million dollars in low interest loans to small businesses in Missouri.

Money from commerce bank adds 100 million to the 392 million dollars treasurer Clint Zweifel has approved for state small business owners and farmers since January 2009.

The loan program is all a part of State Treasurer Zweifel's jobs and economic development package.

There are 112 banks in the state participating in the lending program.

However commerce is the largest Missouri-based bank with 128 branches in the state.

He said the money from commerce will boost statewide low-interest lending by 41 percent.

Zweifel also saidcommerce's contribution is the largest single commitment of any single bank.
 
"We're going to see investment and new businesses that started and look much different five years later because they have more employees, more equipment and they're making those investment that really create the ground for a strong economy in our state," said Zweifel

Missouri small businesses with up to 99 employees and farmers are eligible to receive a loan through the link deposit program.

Local governments, housing developments and alternative energy focused projects may also qualify for low interest loans.

More News

Grid
List
COLUMBIA - Mayor Brian Treece and other special guests will meet Monday to announce the future of Columbia’s holiday parade... More >>
59 minutes ago Wednesday, December 12 2018 Dec 12, 2018 Wednesday, December 12, 2018 3:29:00 AM CST December 12, 2018 in News
COLUMBIA - A second-degree domestec assault charge against Missouri Football defensive end will not be filed, according to the... More >>
8 hours ago Tuesday, December 11 2018 Dec 11, 2018 Tuesday, December 11, 2018 8:24:00 PM CST December 11, 2018 in News
COLUMBIA - The University of Missouri recently joined the ranks of many colleges across the country by starting up an... More >>
8 hours ago Tuesday, December 11 2018 Dec 11, 2018 Tuesday, December 11, 2018 8:08:00 PM CST December 11, 2018 in News
JEFFERSON CITY - An investigation into a First Student bus concern has lead to an increased police presence in one... More >>
8 hours ago Tuesday, December 11 2018 Dec 11, 2018 Tuesday, December 11, 2018 7:29:00 PM CST December 11, 2018 in News
JEFFERSON CITY - After almost three years, Jefferson City now has new and improved fire trucks. Jefferson City Fire... More >>
9 hours ago Tuesday, December 11 2018 Dec 11, 2018 Tuesday, December 11, 2018 7:03:00 PM CST December 11, 2018 in News
COLUMBIA - Neighbors on Lasso Circle in Columbia's Old Hawthorne neighborhood feel safe, but are more vigilant exactly a year... More >>
10 hours ago Tuesday, December 11 2018 Dec 11, 2018 Tuesday, December 11, 2018 6:07:00 PM CST December 11, 2018 in News
FULTON - Fulton Soup Kitchen is working to open its new location in Fulton, but a $1,700 utilities down payment... More >>
11 hours ago Tuesday, December 11 2018 Dec 11, 2018 Tuesday, December 11, 2018 5:18:00 PM CST December 11, 2018 in News
OZARK, Mo. (AP) — The southwest Missouri city of Ozark that had said it was removing a Christian cross from... More >>
11 hours ago Tuesday, December 11 2018 Dec 11, 2018 Tuesday, December 11, 2018 5:17:00 PM CST December 11, 2018 in News
COLUMBIA- The Columbia Police Department is investigating a death downtown. CPD announced the investigation on Twitter just after 4... More >>
11 hours ago Tuesday, December 11 2018 Dec 11, 2018 Tuesday, December 11, 2018 4:44:00 PM CST December 11, 2018 in News
ST. LOUIS (AP) — An eastern Missouri doctor has been sentenced to more than three years in prison for prescribing... More >>
13 hours ago Tuesday, December 11 2018 Dec 11, 2018 Tuesday, December 11, 2018 2:48:09 PM CST December 11, 2018 in Continuous News
KANSAS CITY (AP) — A Kansas City man who told officers he was planning to kill someone and was "kinda... More >>
13 hours ago Tuesday, December 11 2018 Dec 11, 2018 Tuesday, December 11, 2018 2:42:49 PM CST December 11, 2018 in Continuous News
JEFFERSON CITY - As Missouri's Secretary of State waits for a response from the State Auditor, a political expert weighed... More >>
13 hours ago Tuesday, December 11 2018 Dec 11, 2018 Tuesday, December 11, 2018 2:41:00 PM CST December 11, 2018 in News
COLUMBIA - The Columbia Police Department has been dispatched to Ballenger Lane in North Columbia 11 times so far this... More >>
14 hours ago Tuesday, December 11 2018 Dec 11, 2018 Tuesday, December 11, 2018 2:21:00 PM CST December 11, 2018 in News
JEFFERSON CITY - Walgreens is giving Missouri a new tool in the fight against opioid abuse, and it's a simple... More >>
14 hours ago Tuesday, December 11 2018 Dec 11, 2018 Tuesday, December 11, 2018 2:02:00 PM CST December 11, 2018 in News
TAOS - A school bus holding 38 students ranging from K-12 was hit head-on Tuesday morning while stopped on Dove... More >>
16 hours ago Tuesday, December 11 2018 Dec 11, 2018 Tuesday, December 11, 2018 12:19:00 PM CST December 11, 2018 in News
KANSAS CITY (AP) — Both U.S. senators from Missouri are demanding answers about the death of a veteran after an... More >>
17 hours ago Tuesday, December 11 2018 Dec 11, 2018 Tuesday, December 11, 2018 10:58:05 AM CST December 11, 2018 in News
COLUMBIA - Gunfire in the neighborhood around Blue Ridge Elementary School led to a modified lockdown Tuesday afternoon, and police... More >>
17 hours ago Tuesday, December 11 2018 Dec 11, 2018 Tuesday, December 11, 2018 10:39:00 AM CST December 11, 2018 in News
JEFFERSON CITY - Jefferson City Public Schools has named the first football head coach for the new Capital City High... More >>
18 hours ago Tuesday, December 11 2018 Dec 11, 2018 Tuesday, December 11, 2018 9:55:00 AM CST December 11, 2018 in News
Columbia, MO
Broken Clouds 43°
5am 37°
6am 34°
7am 30°
8am 32°