Author Archive

US Small Business Administration is Seeking Loan Officers to help with Disaster Loans

7 Sep 2017 | Under News | Posted by | 0 Comments

The U.S. Small Business Administration is looking for loan officers to assist in issuing disaster relief loans. As recovery efforts begin in Texas and Louisiana, it is clear the damage and devastation from Hurricane Harvey will certainly reach historic levels. Homes, businesses, and lives have been up­rooted by the sheer force of nature, affecting millions […]

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FSC First hosts Economic Development & Bank Financing Forum

31 Mar 2017 | Under News | Posted by | 0 Comments

A group of senior-level bank representatives, consisting of Senior Commercial Loan Officers, CRA Officers and Community Development Officers from BB&T, Industrial Bank, PNC Bank, Revere Bank, Sonabank, TD Bank and Wells Fargo attended a Forum hosted by FSC First, in collaboration with several of the County’s economic development leaders, at their offices in Largo, MD. […]

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FSC First Becomes an SBA Delegated CA Lender

29 Mar 2017 | Under News | Posted by | 0 Comments

The FSC First, Small Business Growth Fund, has met the eligibility requirements to qualify for delegated lending authority from the U. S. Small Business Administration, under the SBA 7(a) Community Advantage Guarantee Program. This pilot program allows mission-focused Community Development Financial Institutions (CDFIs), like FSC First, to receive SBA 7(a) guarantees on direct loans up […]

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Shelly Gross-Wade testifies at General Assembly

24 Mar 2017 | Under News | Posted by | 0 Comments

FSC First, President & CEO, Shelly M. Gross-Wade, testified before the House of Delegates (Economic Matters Committee) and Senate (Budget and Taxation Committee) in support of HB 92-2017 and SB 498, that will transfer the day-to-day administration of the Maryland Video Lottery Terminal (VLT) Fund from the State’s Board of Public Works to the Maryland […]

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2016 Crystal Awards Presentation

10 Feb 2017 | Under News | Posted by | 0 Comments

FSC First held their 2016 Crystal Awards Presentation in December. Chairman’s Award JOHN L. HUGGINS, JR. for your leadership and contribution to our organization as Chairman and Director (2011–2016). Award of Appreciation ROSALIND L. STYLES for supporting our organization as a member of the Board of Directors. (2014–2016) Employee of the Year Award SUE ANN […]

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Success at the Business Resource Coalition Expo

19 Jul 2016 | Under News | Posted by | 0 Comments

On Monday June 20, 2016, The Prince George’s County Business Resource Coalition (BRC) held its very first BRC Small Business Expo. This jointly promoted event showcased the resources available in the county that can assist with the growth of your county-based business. Attendees received viable information including technical and financial assistance for local businesses. The local […]

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Bank partners increase commitment to bank pool

8 Jul 2016 | Under News | Posted by | 0 Comments

FSC First’s loan pool has increased to over $4 million. Our bank partners have renewed and increased their commitments as shown below.   Branch Banking & Trust – $400,000 The Columbia Bank – $153,600 Industrial Bank – $275,000 – an increase from $250,000 Old Line Bank – $400,000 – an increase from $253,700 PNC Bank – $800,000 […]

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Capital One commits funding to expand Microenterprise Loan Program

| Under News | Posted by | 0 Comments

Capital One Bank exits the loan pool, but commits funding to expand the Microenterprise Loan Program. The Micro-Enterprise Loan Fund is designed to provide micro loans to businesses located in Sustainable Communities designated by the Maryland Department of Housing and Community Development. Eligible uses are leasehold improvements, equipment purchases, working capital expenditures, and human capital […]

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FSC First selected to serve as State of Maryland Video Lottery Terminal Fund Manager

6 Jul 2016 | Under News | Posted by | 0 Comments

FSC First selected to serve as State of Maryland Video Lottery Terminal Fund Manager  Organization will take the lead on investing $2 million into eligible targeted businesses in the Prince George’s County Largo, MD – The Prince George’s Financial Services Corporation, trading as “FSC First”, has been awarded a $2.0 Million allocation and contract by […]

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FSC First Engaging with the Town of Brentwood!

26 May 2016 | Under News | Posted by | 0 Comments

A great morning engagement with the Town of Brentwood in Maryland!  FSC First Business Development manager, J. Steward Smith and Prince George’s County EDC Manager of Small Business Services, Kisha Logan making things happen with the Mayor Rocio Treminio-Lopez, Town Administrator, C. Reginald Bagley, Council Member, Regina M. Morlan, and Maryland State Delegate, Diana M. […]

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