About
Greenwood Archer Capital (GAC) is a nonprofit 501(c)3 Community Development Financial Institution (CDFI) founded in 2012 to deploy small business loans catalyzing entrepreneurs and nonprofits throughout the metropolitan Chicago area and its adjacent suburbs in Cook, Lake and Will counties.
-
Terrence Johnson
Executive Director
-
Laura Garcia Escarzaga
Senior Loan Officer
-
Marlene Guzman
Loan Officer
Impact
$19M
Dollars
Deployed
GAC has deployed over $19 million in loans and grants to small business owners.
$44K
Average Loan
Size
Access to capital can make all the difference in keeping entrepreneurs in business. At GAC, the average business loans we approve are slightly over $44,000.
33%
Loans to Start-Up
Businesses
GAC works to create opportunities for small business owners at every stage of their entrepreneurial journey.
71%
Loans to Low-to-Moderate
Income Borrowers
GAC’s products and services are accessible to small business owners.
1,600
Small Businesses
Served
The GAC team is proud to have served more than 1,600 entrepreneurs.
1000+
Jobs Created and
Retained
Access to capital helps position businesses for growth which often leads to an increase in workforce. We have helped create over 1000 jobs for Chicago communities.
*Does not include jobs impacted from grants deployed.
Apply for a Loan
GAC’s products and services provide access to all forms of capital for business owners that do not have access to conventional sources of financing.
Make a donation.
GAC is recognized as a 501c3 organization. Your donation will support small business growth and access to capital.