Craft3, Goldman Sachs to help rural businesses

| Print |  Email
Must Reads
Friday, February 22, 2013

Craft3 and Goldman Sachs plan to give out $5.5 million in small business loans in rural Oregon and Washington.

Goldman Sachs and the Goldman Sachs Foundation have pledged $5.5 million most of which will go directly into a small business loan fund operated by Craft3. The remaining $500,000 will be used to fund Craft3’s loan loss reserve and support operating costs associated with Craft3’s expansion into central and eastern Oregon and Washington.

Craft3, a nonprofit community development financial organization that used to be ShoreBank Enterprise, has offices in Washington (Seattle, Ilwaco and Port Angeles) and Oregon (Astoria, Portland and a new office in Bend). The organization has plans to expand to center and eastern Oregon and elsewhere in Washington by 2016.

Read more at Sustainable Business Oregon.

{biztweet}craft3{/biztweet}

 

More Articles

Reader Input: Road Work

March 2015
Wednesday, July 15, 2015

Oregon's roads are crumbling, and revenues from state and local gas taxes are not sufficient to pay for improvements. We asked readers if the private sector should help fund transportation maintenance and repairs. Research partner CFM Strategic Communications conducted the poll of 366 readers in February.


Read more...

Ranking the airlines that fly PDX

The Latest
Friday, August 14, 2015
airlinesthumbBY JACOB PALMER | DIGITAL NEWS EDITOR

17 airlines make stops at Portland International Airport, but not all are created equal when it comes to customer service.


Read more...

Quake as metaphor

Linda Baker
Tuesday, July 14, 2015
071515-earthquakia-thumbBY LINDA BAKER

The Big One serves as an allegory for Portland, a city that earns plaudits for lifestyle and amenities but whose infrastructure is, literally, crumbling.


Read more...

Loose Talk

July/August 2015
Friday, July 10, 2015
BY AMY MILSHTEIN

When gossip crosses the line.


Read more...

Back to School

September 2015
Wednesday, August 19, 2015
BY CHRIS NOBLE

Oregon is home to an abundance of gritty warehouses reborn as trendy office spaces, as well as crafty hipsters turned entrepreneurs. Does the combination yield an equally bounteous office products sector? Not so much. Occupying the limited desk jockey space are Field Notes, a spinoff of Portland’s Draplin Design Company, and Schuttenworks, known for whittling Apple device stands. For a full complement of keyboard trays, docking stations and mouse pads, check out the GroveMade line, guaranteed to boost the cachet of even the lowliest cubicle drone. 


Read more...

The Cover Story

Linda Baker
Thursday, August 27, 2015
01-cover-0915-thumbBY LINDA BAKER

How do you put a baby on the cover of a business magazine without it looking too cutesy?


Read more...

Photo Log: Waterfront Blues Festival

The Latest
Thursday, July 09, 2015
bluesfestthumbBY JASON E. KAPLAN | STAFF PHOTOGRAPHER

The sweltering weather didn't keep the crowds away. Although the numbers were down slightly from last year, the Oregon Food Bank raised $850,636 to fight hunger.  About 80,000 people attended despite temperatures in the upper 90s.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS