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Small business program 10/24/10 TDH

A program to help provide loans to small business owners in santa cruz is set to expand, after Comerica bank announced that it would provide 150-thousand dollars to the program.   The Grow Santa Cruz Fund was established a year ago, with funds from the National Development Council (which is licensed by the U.S. Small Business Council).   The program seeks to provide loans to small business owners who might not meet the requirements of local banks.  The loans also have more generous terms than banks offer.   Comerica officials are set to present the check at the Santa Cruz city council meeting scheduled for 3 p.m. Tuesday.

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