Miles J.O.B. Fund

Community Services Non Profits

Why pick this one

Miles J.O.B. Fund provides repayable revolving loans to Alleghany County citizens pursuing businesses or job creation, backed by a $100,000 original seed contribution.

Best for

  • Alleghany County citizens developing a business plan
  • Entrepreneurs seeking financing to start a self-sustaining business
  • Businesses intended to create jobs or increase community income
  • Applicants who can repay funding over time

Look elsewhere if

  • Applicants outside Alleghany County
  • People seeking a non-repayable grant
  • Personal financial assistance unrelated to starting a business or creating jobs

Specialties

  • Revolving loans for qualified entrepreneurs
  • Business startup financing
  • Job-creation financing in Alleghany County

Certifications

  • 501(c)(3) charity

What makes them different

  • Established with $100,000 in original seed money from Donald W. and Barbara Miles
  • Loans are repaid into the fund to finance other qualified applicants
  • Eligibility includes Alleghany County citizens seeking to create a business or jobs
  • Board meetings are open to the public
  • The organization follows up with funded businesses to support continued success
Serves
Sparta

Distilled from this business's own website.

Contact & Location

Address
565 S Main St, Sparta, NC 28675
Phone
+13363725646
Website
http://www.milescompanies.com/

Services

  • Entrepreneurship assistance
  • Business financing
  • Community economic development

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