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Economic Opportunity Loan Program: SBA Fact Sheet for Borrowers

 Digital item
Identifier: CAC_CC_001_4_63_12_0054

Dates

  • January 1, 1967
  • 90th Congress (1967-1969)

Scope and Contents

The Economic Opportunity Loan Program provides financing to low income individuals and disadvantaged persons to start or expand small businesses. There are two types of loans available, EOL(I) and EOL(II), with different criteria and maximum amounts. The borrower must meet certain conditions, such as having a sound business plan and not discriminating. It is recommended to have a good established bank credit. For more information, contact the Small Business Administration or a local Community Action Agency.

Extent

2 pages

Creator

unknown

Congress 90th (1967-1969)

Policy Area Older people--Medical care--United States; Small Business; Banks and banking--United States

Tribal Affiliation Non-Specified
  • TypeDeliverableUnit

Repository Details

Part of the Carl Albert Center Congressional and Political Collections Repository

Contact:
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