Archived News | Return to News Center

November 1, 2007

ULM SBDC to offer SBA Patriot Express Loan Program for Veterans Nov. 13

The University of Louisiana at Monroe Small Business Development Center will present a free workshop, titled “SBA Patriot Express Loan Program for Veterans,” during Veterans Week. The workshop will occur Tuesday, Nov. 13 from 6 – 8 p.m. at the Northeast Louisiana War Veterans’ Home.

Patriot Express is a loan program designed for military community members including veterans, service-disabled veterans, active-duty service members participating in the military’s Transition Assistance Program, Reservists and National Guard members, current spouses of any of the above, and the widowed spouse of a service member or veteran who died during service, or of a service-connected disability.

This new Patriot Express Loan is offered by SBA’s network of participating lenders nationwide and features SBA’s fastest turnaround time for loan approvals. Loans are available up to $500,000. The Patriot Express Loan can be used for most business purposes, including start-up, expansion, equipment purchases, working capital, inventory or business-occupied real-estate purchases.

Topics of discussion include program information, loan eligibility and requirements, and how to access Patriot Loans. This workshop is co-sponsored by the Louisiana Department of Veterans Affairs.

The LSBDC provides quality, no-fee, confidential, one-on-one counseling services to potential and existing business owners; provides no-fee management and technical assistance services by appointment; conducts workshops and seminars to help small business people become better managers and to keep them informed about current events and changing trends in today’s business world; and maintains a resource library which includes statistical data, census figures, SBA publications, and a variety of other information.

Preregistration is encouraged. For more information, call the ULM SBDC at: (318) 342-1224, or go online at

PLEASE NOTE: Some links and e-mail addresses in these archived news stories may no longer work, and some content may include events which are no longer relevent, or reference individuals and/or organizations no longer associated with ULM.