Madison Development Corp. said 15 loans the nonprofit organization made to local small businesses last year, totaling $2 million, helped create 230 jobs, with 192 of them full time.
That?s an increase from 2010 when a similar loan total resulted in 150 new hires.
Nordic Consulting Partners, a health care information technology consulting company, added 73 full-time employees in 2011, the largest job increase.
MDC specializes in loans to small businesses that may have a hard time getting money from a bank.
View original post: Small business loans from nonprofit helped create 230 jobs, MDC says
Madison Development Corp. said 15 loans the nonprofit organization made to local small businesses last year, totaling $2 million, helped create 230 jobs, with 192 of them full time.
That?s an increase from 2010 when a similar loan total resulted in 150 new hires.
Nordic Consulting Partners, a health care information technology consulting company, added 73 full-time employees in 2011, the largest job increase.
MDC specializes in loans to small businesses that may have a hard time getting money from a bank.
Source: Small business loans from nonprofit helped create 230 jobs, MDC says
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