Main Office
806 East 46th Street
Tucson, AZ 85713
Phone: (520) 622-3553
San Luis Office
731 N 1st Street
San Luis, AZ 85349
Phone: (928) 627-8050
Somerton Office
201 N. Bingham Ave #2
Somerton, AZ 85350
Phone: (928) 294-3284
Microloans
Loan Size
$500.00 to $50,000.00
Loan Terms
Terms from 1 year up to 6 Years
Comparable interest rates 7.75% - 8.5%
$150 Application Fee
Comparable interest rates 7.75% - 8.5%
$150 Application Fee
Loan purpose
- Start-up
- Equipment
- Working Capital
- Business Assets
Eligibility
Businesses must be registered in Arizona with a valid business license and be in good standing with the State of Arizona Corporation Commission.
Denial letter from a commercial bank or credit union (required for loans starting at $20,000).
No minimal FICO score (FICO scores are taken into consideration).
Denial letter from a commercial bank or credit union (required for loans starting at $20,000).
No minimal FICO score (FICO scores are taken into consideration).
Application
During the initial intake process, please be prepared to turn in the following documents:
- Denial letter (if applicable)
- Two forms of identification
- Business license
- Three years of federal tax returns (business & personal)
- Two years of profit & loss statements
- Two years of balance sheets
- Business plan
What We Do
PMHDC provides loans to small business owners in southern Arizona that reside in Yuma, Cochise, Santa Cruz, Pima, Pinal, Maricopa, Gila and Graham Counties. As a nonprofit organization, PMHDC’s mission is to help small businesses thrive through, technical assistance, lending money, promoting our clients’ businesses, linking them to small business resources, information. As a nonprofit organization, PMHDC’s mission is to help small businesses thrive through, technical assistance, lending money, promoting our clients’ businesses, linking them to small business resources, information, mentors, and provide networking opportunities. And, as needed, provide training and recommended resources to assist with management needed to sustain a successful business.
Contact Us
We make decisions based on your opportunity.
Call or email to begin a relationship.
Call Us Today
(520) 622-3553
Email Us
PMHDCMICRO@ppep.org