Economic Summary of Activities:

 

Council Finance: Funded and approved loans during the past year amounted to a total economic impact of $4,918,196 in the region.  This effort created and retained 124 jobs through the SBA 504 Certified Development Company loan program.  The program provided capital financing and consulting services to all bankers within the 19 county region, focusing on options for rural business development.  To date, 48% of the total loan portfolio is comprised of rural projects, and loan activity to date totals over $54.6 million in economic impact, including 1,438 jobs created and retained.  Types of businesses financed by Council Finance cross all categories and include the following:

  • Fitness Center

  • Auto Transmission

  • Interior Design

  • Grocery

  • Car Wash

  • Golf Course

  • Restaurant

  • Family Recreation Center

  • Bowling Alley

  • Day Care

  • Video Sales

  • Auto Dealership

  • Industrial Equipment Sales

  • Sporting Good Sales

  • Agriculture Supply

  • Floor Covering

  • Wholesale Kitchen Specialties

  • Prosthetic Supply

  • Medical Clinic

  • Laundromat

  • Hotel / Motel

  • Tire Sales

  • Meat Packing / Dist Milling / Machining

  • Gymnastics Center Lounge

  • Computer Sales

  • Convenience Stores

  • Hardware Stores

  • Chiropractic

  • Retail Ice Cream Sales

  • Drag Strip

  • Martial Arts

3702 Loop 322, Abilene, TX 79602 ~ Office: (325) 672-8544 ~ Fax: (325) 675-5214 ~ Email Us