Looking for: osdbu lines credit application time assistance applicable one bank participating
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The passage below is from the
reference book "Free Government Grants: Federal & State". Read the
full contents, fully formatted, complete with all indexes, references and full
information
How to apply for free governments grants |
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Credentials/Documentation: Certification letter from the recipient agencies. APPLICATION AND AWARD PROCESS: Preapplication Coordination: Information and consultation is available at the Office of Small and Disadvantaged Business Utilization (OSDBU), Minority Business Resource Center. Telephone: (800) 532-1169 or (202) 366-2852. This program is excluded from coverage under E.O. 12372. Application Procedure: Applications are generally submitted directly to one of the participating banks. However, applications may be submitted to OSDBU for completeness review prior to submission to one of the participating banks. Applicants may obtain a copy of the application and identify the bank servicing each region on the OSDBU internet site at: http://osdbuweb.dot.gov or by contacting the OSDBU. Award Procedure: All lines of credit are approved through separate decisions by the bank and by DOT and are administered by the bank. 232 Deadlines: Not applicable. Range of Approval/Disapproval Time: Decisions are made within 30 to 60 days from the time the application is completed. Appeals: Not applicable. Renewals: DBEs can apply for renewal of existing lines of credit. Renewals and increases in in lines of credit are encouraged. ASSISTANCE CONSIDERATIONS: Formula and Matching Requirements: Not applicable. Length and Time Phasing of Assistance: Lines of credit are generally approved for a one year period. POST ASSISTANCE REQUIREMENTS:
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