Microlender Justine PETERSEN Announces $200,000 Loan Fund from J.P. Morgan Chase

St. Louis nonprofit Justine PETERSEN is all about helping people, and J.P. Morgan Chase Bank is investing $200,000 in a loan fund to help the business microlender do just that for small businesses in low- to moderate-income neighborhoods.

Justine PETERSEN is the largest microlender for the U.S. Small Business Administration. It helps small businesses and individuals who cannot get loans via the traditional banking route – for a number of reasons – to qualify for a loan through the organization.

J.P Morgan is one of several local banks who have also invested in Justine PETERSEN, making it easier for small businesses, both startups and existing, to get the help they need.

For information on available loan products or to apply for a microloan, visit justinepetersen.org.