Three Companies Receive Combined $110,000 From Michigan Microloan Fund Program

Three Michigan companies recently received a combined total of $110,000 through the Michigan Microloan Fund Program, bringing the total amount invested through the Fund to over $1.69 million. GreenSand Corporation, iQ-Telematics and MyBandStock Corporation received the funding to support commercialization of their core products.

Since the Michigan Microloan Fund Program was established in July 2009, 42 companies have received over $1.6 million in subordinated loans.

Read more about the news here.

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