Laserfiche WebLink
Metropolitan Consortium <br />of Community Developers <br />2014 at a Glance <br />OPEN'�i <br />TO BUSINESS <br />2012 <br />2013 <br />2014 <br />MCCD Direct Loans - Total <br />How many direct loans did we <br />make in the last three ears? <br />32 <br />47 <br />57 <br />How much of our own funds did <br />In 2011, MCCD made <br />we lend out? <br />direct loans totaling <br />$728,840 to 33 small <br />$1,581,685 <br />$1,470,456 <br />$1,659.44.8 <br />businesses. <br />How much other money did our <br />loan fund leverage? <br />$7,758,436 <br />$14,627,466 <br />$20,738,105 <br />On average, how much financing <br />from banks, community partners, <br />and equity did every $1 of MCCD <br />funds leverage? <br />$4.91 <br />$9.95 <br />$1.2.50 <br />How many jobs will our business <br />borrowers create or retain? <br />248 <br />261 <br />395.5 <br />Direct Loans of $25,000 or less (to new and emergin2 <br />businesses <br />How many micro -loans did we <br />make in the last two ears? <br />20 <br />31 <br />43 <br />How much of our own funds did <br />we lend out as micro -loans? <br />$2.44_,892 <br />$383,556 <br />$570,448 <br />How much other money did our <br />micro -loan program leverage? <br />$935,836 <br />$1,590,989 <br />$5,793,871 <br />On average, how much financing <br />from banks, community partners, <br />and equity did every $1 of MCCD <br />microloan funds leverage? <br />$3.82 <br />$4.15 <br />$10.16 <br />How many jobs will our micro - <br />loan borrowers create or retain? <br />117_ <br />97.5 <br />96 <br />What share of our micro -loans <br />went to minority-owned <br />businesses? <br />50% <br />68% <br />44% <br />Where are most of our micro -loan <br />In 2014, micro -loan <br />borrowers located? <br />borrowers were also <br />located in Bloomington, <br />75% were <br />58% were <br />37% were <br />Chaska, Prior Lake, <br />located in <br />located in <br />located in <br />Shakopee, Waconia, and <br />Minneapolis <br />Minneapolis <br />Minneapolis <br />10 other cities. <br />