Laserfiche WebLink
• CMDC EFFORTS BRING $28.5 MILLION <br /> IN NEW DEVELOPMENT TO ANOKA COUNTY <br /> Anoka County has a population base of 275,000. <br /> From June 1982, when we were certified by SBA to provide SBA <br /> 503 and 504 loans, through September 1994, CMDC originated <br /> 109 SBA 503 and 504 loans and, as of September 30, 1994, 92 of <br /> the loans were funded totalling $17,010,000 with total <br /> development costs of $44,649,984 and over 1,900 jobs created <br /> . (913) or retained (1,011) in Anoka County. <br /> In this past fiscal year, CMDC has completed and/or generated an <br /> additional 39 loans in the County totalling $10,105,500 with total <br /> development costs of $25,848,765 and over 700 jobs created or <br /> retained in Anoka County. <br /> Number of loans increased by 42% <br /> Portfolio increased by 59% <br /> Total Development Cost increased by 58% <br /> • Job creation/retention increased by 37% <br />