Medallion Capital, Inc.

Awardtype: Guaranteed/insured Loans Activities to Be Performed: Licensed and Regulated Sbics Use Their Own Capital, Plus Funds Borrowed With an Sba Guarantee, to Make Equity And/or Debt Investments in Eligible Small Businesses and Provide Advisory Services to the Small Businesses in Which They Invest. Deliverables: Loans Guarantees in the Form of Leverage, Based on Private Capital Raised by an Sbic From Institutional Investors. Expected Outcomes: Stimulate and Supplement the Flow of Private Equity Capital and Long Term Loan Funds Available to Small Businesses for the Financing of Business Operations, Growth, Expansion, and Modernization. Intended Beneficiaries: Individual Small Businesses (single Proprietorships, Partnerships or Corporations) That Satisfy Sbic Program Eligibility Criteria for Sbic Investment. Subrecipient Activities: Improve and Stimulate the National Economy; Create/sustain Jobs.