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#2211586 - 04/18/19 10:06 PM Service-Disabled Veteran-Owned Company - CD Loan?
Mel in WA Offline
Diamond Poster
Joined: Mar 2013
Posts: 1,153
Would a loan to a service-disabled veteran-owned company qualify as community development?

https://www.sba.gov/federal-contracting/...inesses-program

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#2211590 - 04/18/19 10:35 PM Re: Service-Disabled Veteran-Owned Company - CD Loan? Mel in WA
mrogersfib Offline
100 Club
Joined: Aug 2018
Posts: 116
It could if it met the "size" and "purpose" test of economic development, but also could under revitalization/stabilization. I do think that the loan would be reviewed the same as any other though--just because it is veteran owned doesn't make it more responsive the communities needs.

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