Transactions Generate $29.5 Million In Total Private Investment And 140 New Full-Time Jobs for Automotive Parts Manufacturer in Perry County, Tennessee NASHVILLE, Tenn. (October 27, 2023) – Pathway Lending, a Tennessee-based nonprofit, and Community Development Financial Institution (CDFI), announced today its Pathway Lending CDE (a Certified Community Development Entity) has provided $7 million in New
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U.S. Treasury’s CDFI Fund Awards $45 Million In New Markets Tax Credits to Pathway Lending
Pathway Lending to Deploy Investments Across Urban and Rural Communities Pathway Lending announced its third and largest allocation, $45 million in New Markets Tax Credits, from the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) to the nonprofit lender’s certified Community Development Entity (CDE). One of only two Tennessee-based awardees, Pathway
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TNECD Announces Lenders for Fund Tennessee’s LendTN Program
TNECD Announces Lenders for Fund Tennessee’s LendTN Program By: TNECD Press Release Five lenders to provide equitable access to capital across Tennessee Nearly $47 million allocated through the Fund Tennessee program for small businesses and entrepreneurs NASHVILLE, Tenn. – The Tennessee Department of Economic and Community Development (TNECD) announced today five new lenders to participate in
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Director, Affordable Multi-Family Housing
This position supports Pathway Lending’s goals, values, and philosophy by exhibiting the following behaviors: excellence, quality service, commitment, and accountability. POSITION SUMMARY: Working under the policy direction of Pathway Lending and under the general supervision of SVP Lending, this position supports market development and relationship development for affordable multi-family housing lending throughout its statewide target
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Becoming A Sock Star With Pathway Lending | Crescent Sock Company
Crescent Sock Company is a 121-year-old sock mill in rural Niota, Tennessee. Founded to create jobs in its small community, it is now managed by the fourth generation of the founder, Cathy Allen, with support from her sister, Sandra Boyd, and nearly 100 employees. Strategically located near the train depot, the location was optimal for
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From the Court to the Chair: Legacy Barbershop
After committing to Middle Tennessee State University on a basketball scholarship in 2017, Gregory Dixon, founder and owner of Legacy Barbershop, anticipated being in the business of sports, not haircutting. Due to an injury before his season started, Gregory decided it was time to shift in a different direction and picked back up his old
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Rooted in Style: The Success of A Natural Affair
Following a seed of inspiration planted by her mother, TaKeisha Berry-Brooks decided to shift her career focus from hair stylist to full-time business owner when she opened A Natural Affair Beauty Lounge in Memphis, Tennessee in 2008. After witnessing her mother’s own natural hair journey, TaKeisha wanted to cultivate a space to serve clients with
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Sip Sip, Hooray! How The Nashville Small Business Recovery Fund Helped Perfectly Cordial Scale
After owning a Nashville bartending service for several years, Rhonda Cammon found a recurring theme in her customer base: customers wanted the experience of drinking exciting craft beverages without the alcohol. Leaning into her past work in hospitality, Rhonda brought to the table exactly what her customers needed, and in 2019 Perfectly Cordial was born.
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On The Road To Success – Memphis Tire Recyclers
Duo David Burgess and Corteney Mack opened Memphis Tire Recyclers to offer a solution to an environmental concern in Memphis, Tennessee. David’s company MB Auto Transporters was awarded a contract by the Tennessee Economic Development Council in May of 2020 to execute the transportation and hauling of illegally dumped tires and rubber waste for the
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Pathway Lending Welcomes Aaron Owen as Vice President of Lending in Knoxville
To support Pathway’s new 865 Opportunity Fund and collaboration with community partners, Pathway Lending welcomed Aaron Owen earlier this year as its new vice president of lending for the Knoxville region. Aaron brings over a decade of banking experience and an extensive local network to the role. Prior to joining Pathway, Aaron held several positions
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