Minority Business Fund

Four banks have collectively committed up to $1 million in interest-free loans to aid both startup and existing minority-owned small businesses within the sponsoring community bank markets.

Banking on Diversity logo

Banking on Diversity Interest Free Loan Program

Section 1 - Personal Applicant Information

Section 2 - Business Contact Information

Section 3 - Business Information

MBE Website  SBA Website

Section 4 - Loan Amount and Purpose

(Maximum for existing business $50,000, new business $10,000)

Required Documents - you can include these with the completed document above or send them after you speak with one of our bankers.

For Existing Business

  1. Prior Year Business Tax Return
  2. Current Year-to-date actuals plus budget 
  3. 3 Year Projections
  4. Copy of MBE Certification 
  5. Certificate of Good Standing 
  6. Articles of Incorporation 
  7. A Personal Financial Statement will be required and your banker will discuss the requirements when you speak 

For New Business

  1. Prior Year Business Tax Return 
  2. Current Year-to-date actuals plus budget 
  3. Business plan with 5 year projection 
  4. Any business market research related to the business 
  5. Certificate of Good Standing 
  6. Articles of Incorporation 
  7. A Personal Financial Statement will be required and your banker will discuss the requirements when you speak.

Next Steps - A banker will be in touch within a business day to review your application and request additional information where necessary.