Tuesday, May 15, 2012

Small business loans from nonprofit helped create 230 jobs, MDC ...

Madison Development Corp. said 15 loans the nonprofit organization made to local small businesses last year, totaling $2 million, helped create 230 jobs, with 192 of them full time.

That?s an increase from 2010 when a similar loan total resulted in 150 new hires.

Nordic Consulting Partners, a health care information technology consulting company, added 73 full-time employees in 2011, the largest job increase.

MDC specializes in loans to small businesses that may have a hard time getting money from a bank.

Read the original: Small business loans from nonprofit helped create 230 jobs, MDC says

Madison Development Corp. said 15 loans the nonprofit organization made to local small businesses last year, totaling $2 million, helped create 230 jobs, with 192 of them full time.

That?s an increase from 2010 when a similar loan total resulted in 150 new hires.

Nordic Consulting Partners, a health care information technology consulting company, added 73 full-time employees in 2011, the largest job increase.

MDC specializes in loans to small businesses that may have a hard time getting money from a bank.

Excerpt from: Small business loans from nonprofit helped create 230 jobs, MDC says

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