Superior California Economic Development provides assistance in economic development planning, coordination and implementation and provides small business training, counseling and financing assistance with the goal of creating stable, long-term employment opportunities in the private sector economy.
Currently Viewing: 2015 Reporting Data
Summary
Provides Microenterprise LoansYes
Lending Types
Individual Lending
Tracks Credit ScoresYes
Reports Borrower Credit PerformanceYes
Microfinancing Volume
Number of Microloans Disbursed 5
Value of Microloans Disbursed $104,552
Value of Microloans Outstanding $258,180
Portfolio Quality
Mean Interest Rate 9%
Total Portfolio at Risk 2.7%
Loans Past Due
30 to 60 $0
61 to 90 $0
91 to 120 $0
More than 120 $6,978.48
Other Financing Products
Small Business LoansYes
Max Business Loan Amount $250,000
Leverage Package or Guarantee Loans?Yes
General Program Info
Area Types Served
Rural
Member Associations
California Association for Microenterprise Opportunity, CA
Geographic Area Served
California
Geographic Area Served DescriptionShasta, Modoc, Trinity, and Siskiyou Counties
Staffing
# FTEs 1
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