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MO
IgniteMO Small Business Loan Participation Program
Provides SSBCI-backed loan participation capital for Missouri small businesses through Justine PETERSEN and partner lenders.
About this program
IgniteMO is Missouri's SSBCI-backed Small Business Loan Participation Program launched by Missouri Technology Corporation and Justine PETERSEN. The program is focused on expanding access to capital for Missouri-based businesses owned and controlled by socially and economically disadvantaged individuals, including rural entrepreneurs, through loan participation and related credit support.
Eligibility
Eligible borrowers are Missouri-based small businesses, with a focus on socially and economically disadvantaged individual-owned businesses and rural entrepreneurs, seeking financing through IgniteMO and participating lending partners.
Requirements
- Business must be based in Missouri.
- Business should be owned and controlled by socially and economically disadvantaged individuals or otherwise meet SSBCI eligibility priorities.
- Borrower must work through Justine PETERSEN or an approved lending partner.