Justine Petersen Housing and Reinvestment Corporation
Find a description of programs, services and contact information for Justine Petersen Housing and Reinvestment Corporation.
Justine Petersen Housing & Reinvestment Corporation, (JPHRC) is a Small Business Administration (SBA) micro-loan intermediary lender.
- staff counsel prospective micro-borrowers one-on-one on credit, debt, business plan and financials.
- originates loans from $500 to $35,000 to small businesses.
- Pre-loan and post-loan technical assistance is given to micro-borrowers to prepare for business start-up or expansion.
- administers forgivable gap financing to businesses located or opening in St. Louis Sustainable Neighborhoods. Forgivable gap financing funds may not exceed the lesser of 43% of the total financing package $7,500.