MDC Small Business Assistance Program
The Midland Development Corporation (MDC) is initiating a small business assistance program to offer funding for local Midland businesses affected by the COVID-19 pandemic. The MDC is committing up to $1 million from its promotional fund to provide small businesses with forgivable loans of up to $25,000. The deadline for applications is October 31, 2020. After this date, the program will close.
The MDC is proud to partner with Community National Bank (CNB) for this initiative. CNB will process all loan applications, with final approval given by the MDC. To qualify for the Small Business Assistance Program, businesses must meet a set of eligibility requirements:
Completed applications should be sent to firstname.lastname@example.org
For additional questions and assistance with the application process, please contact Community National Bank by phone at 432-262-1660 or in person at 500 West Illinois Avenue, Midland, Texas. Se habla español.