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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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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Press Release: New $6 Million Fund to Increase Local Small Business Lending
New $6 Million Fund to Increase Local Small Business Lending 865 Opportunity Fund by Pathway Lending Improves Access to Capital Pathway Lending, a certified Community Development Financial Institution, is collaborating with First Horizon, Pinnacle Financial Partners, and Regions Bank to recapitalize its existing loan fund in the Knoxville region and rebrand it as the 865
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Pathway Lending Awarded $40 Million In New Markets Tax Credits
For a second consecutive year, Pathway Lending was among the organizations awarded Federal New Markets Tax Credits from the US Treasury Department’s Community Development Financial Institutions Fund (CDFI) with an allocation of $40 million. This year’s $5 billion round went to 107 Community Development Entities (CDE) nationwide, selected from a competitive pool of applicants, to
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Press Release: Pathway Lending Deploys $22 Million in New Markets Tax Credits To Expand High-Quality Facilities and Capacity In Rural And Urban Tennessee Communities
Pathway Lending Deploys $22 Million in New Markets Tax Credits To Expand High-Quality Facilities and Capacity In Rural And Urban Tennessee Communities Transactions Generate $53 Million In Total Private Investment And 314 New Jobs For Manufacturers In Marion And Scott Counties And Community Health In Shelby County NASHVILLE, Tenn. (March 31, 2022) – Pathway Lending,
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JOIN OUR TEAM!
Looking to join a team that is dedicated to the growth and development of small businesses and sustainable communities across Tennessee? Pathway Lending is looking for dynamic individuals who are passionate about entrepreneurship and the success of small businesses and sustainable communities in Tennessee. With a vision of no missed opportunities, we are seeking to
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Pathway Lending Announces Jarlecia Jones As The Vice President Of Lending In Memphis
Pathway Lending is excited to announce that Jarlecia Jones, previously the Director of Pathway Women’s Business Center, has accepted the role of Vice President of Lending in Memphis. Jarlecia joined Pathway Lending as a Business Advisor in 2019 and became the Women’s Business Center Director in the Spring of 2020. As the Vice President of
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Press Release: Strengthening A More Inclusive Small Business Ecosystem In Chattanooga | JPMorgan Chase Is Committing $400,000 To Three Community Partners
Strengthening a more inclusive small business ecosystem in Chattanooga JPMorgan Chase is committing $400,000 to three community partners who are dedicated to strengthening an equitable small business ecosystem CHATTANOOGA, April 28 – The Urban League of Greater Chattanooga (ULGC), LAUNCH and Pathway Lending, with the support of JPMorgan Chase, are collaborating to find innovative ways
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Pathway Lending Receives $5 Million PNC Bank Loan To Help Tennessee’s Small Businesses Survive COVID-19 Impact
Pathway Lending began accepting applications for the Paycheck Protection Program in January with a $5 million loan from PNC Bank to support initial PPP loans to small businesses. With a focus on 1099, self-employed, nonprofit and small business borrowers based in Tennessee, Pathway Lending offers first-time PPP loans up to $150,000. Through May 31 (Congress
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Pathway Lending Awarded 2020 CDFI Grant
Pathway Lending secured a $657,000 grant from the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) to support its continued efforts in distressed communities. In the FY2020 round, the CDFI Fund awards $204.1 Million to support economic growth in low-income and distressed, and native communities. “I am proud to announce the
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