Citizens Business Development Company, LLC

Jackson KY


The entirety of the applicanta€™s activities will be concentrated within the state of Kentucky. An estimated 100% of its activities will be targeted to rural areas.

CDFI Awards for Citizens Business Development Company, LLC


NMTC (2002) - $3,000,000

The organization will utilize its NMTC allocation to originate fixed-and variable-rate loans with various terms to low-income community businesses. The Allocatee believes the NMTC Program will permit the organization to loan to borrowers that would not otherwise meet the bank"s underwriting criteria.



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The SBA is dedicated to lend a hand to the service people in America and directly links with the Patriot Express Loan for veterans who desire to initiate their own business and want to start commercial activities. The SBA also plays a role in encouraging growth and job creation during the process, which is an indispensable part to support economic prosperity.







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The Small Business Administration has established the Historically Underutilized Business Zones (HUBZone) Empowerment Contracting Program wherein they aim to provide federal contracting assistance to eligible small business corporations which are located in underutilized business zones so as to improve their employment opportunities, investments, and their area's economic development.





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