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Commerce report: Cherokee Nation approves first SSBCI loan, $2 million pending; I Save match program administered by housing authority
Executive and Finance Committee, Cherokee Nation · December 17, 2024
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Summary
At the Dec. 17 committee meeting, Commerce staff said Cherokee Nation has approved its first State Small Business Credit Initiative loan, has a second loan pending an appraisal, and is working toward a $2,000,000 pending loan; staff also described the I Save match-savings program now run by the housing authority to fund home remodels.
Miss Ann, representing the Commerce department, briefed the committee on implementation of the State Small Business Credit Initiative (SSBCI) and related lending activity.
She said SSBCI materials have not been…
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