Benedict-Allen Community Development Corporation (BACDC), incorporated in 1997, provides business development technical assistance, housing rehabilitation and sales in targeted low-income communities across the Columbia, SC metropolitan area (a 7-county metro area). BACDC partnered with Benedict College in 2005 to create the Benedict Minority Revolving Loan Fund. This fund will provide: 1) microloans ranging from $1,000-$25,000 to area entrepreneurs, coupled with business training; and 2) small-business expansion loans ranging from $25,000-$150,000. BACDC will use the 2006 TA grant of $100,000 to 1) develop a target market study to align its loan products with the market needs; 2) upgrade its computer hardware and software; 3) obtain board training for its governing board; and 4) pay staff salaries for management and administration of the revolving loan fund.