Grantee Spotlight: THRIVE Awards a $200,000 Loan to CBAC to Support Entrepreneurs & Growing Small Businesses

Small businesses account for over 90% of all businesses located in Gloucester County, providing a much-needed boost to the South Jersey economy and ensuring jobs for local residents. Through its THRIVE South Jersey initiative, New Jersey Community Capital (NJCC) is pleased to provide a $200,000 loan to the Cooperative Business Assistance Corporation (CBAC) to support the expansion of the Gloucester County Small Business Loan Program, a local partnership between CBAC and Gloucester County that provides critical capital and resources for entrepreneurs and small businesses across South Jersey.  Read more here.