Greater Jamaica Development Corp – Two- Step plan to fill the service gap and better small businesses

(As of December 2020)

Purchase of program to pull business credit on 52 applicants and 20 were successful.

Those 20 applicants qualified for $1,135,000.00 in CDFI funding:

95% were MWBE

52% African American

40% Hispanic

50% female

(As of June 2020)

Purchased program to pull business credit and pulled business credit on 25 applicants for their CDFI loan fund.

Of those 25, had 6 successful loan applicants that qualified for $553,500 in funding.

100%of successful applicants were MWBE with 50% African American, 50% Hispanic and 33%Female.

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