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PEOPLE TRUST Community Loan Fund

PEOPLE TRUST Community Loan Fund Revenue

Financial ServicesFlag of USLittle Rock, Arkansas, United States11-20 Employees

$

PEOPLE TRUST Community Loan Fund revenue & valuation

Annual revenue$1,112,215
Revenue per employee$86,000
Estimated valuation?$3,600,000
Total funding$6,200,000

Key Contact at PEOPLE TRUST Community Loan Fund

Flag of US

Artina Blackmon

Senior Vice President, Programs & Community Development

Company overview

Headquarters5300 W 65th Street, Little Rock, Arkansas 72209, US
Phone number+15014763910
Websites
NAICS52
SIC614
Keywords
Community, Loans, Minority, Credit Builder, Arkansas, Emergency Fund, Little Rock, Auto & First-Time Home Buyer Assistance, Bill Assistance, Community Signature, Consumer Micro Loans, Financial Literacy & Coaching, Black-Owned
Founded2008
Employees11-20
Socials

PEOPLE TRUST Community Loan Fund Email Formats

PEOPLE TRUST Community Loan Fund uses 2 email formats. The most common is {first initial} (e.g., j@providingequalopportunities.org), used 87.5% of the time.

FormatExamplePercentage
{first initial}
j@providingequalopportunities.org
87.5%
{first name}{last name}
johndoe@providingequalopportunities.org
12.5%

About PEOPLE TRUST Community Loan Fund

After the financial crisis of 2008, the State of Arkansas banned Payday Lending and did to follow up with a safer alternative for access to capital for the unbanked and underbanked individuals and disadvantaged, small businesses. These low income communities lack financial education and small business technical assistance. Every community has to have a financial mechanism in place within the community to provide essential financial products and developmental services needed for self sufficiency, economic mobility and sustainability. Economic exclusion is real, and the law restricts access to credit in Arkansas. Banks moved out of the low income communities, leaving them to “figure out how to make it work” without the essential financial tools needed for community development . It takes credit to get credit, and low income communities in Arkansas did not have access to credit. PEOPLE TRUST emerged out of an unmet credit need in the State of Arkansas. PEOPLE TRUST is the only Black-Owned Financial Institution in the state.

Employees by Management Level

Total employees: 11-20

Seniority

Employees

Entry
Vice President
Manager

Employees by Department

PEOPLE TRUST Community Loan Fund has 1 employees across 1 departments.

Departments

Number of employees

Funding Data

Explore PEOPLE TRUST Community Loan Fund's funding history, including investment rounds, total capital raised, and key backers.

Funding Date
Round
Amount
Link to Article
2023-05-109$6,200,000

Funding Insights

$6,200,000

Total funding amount

$6,200,000

Most recent funding amount

1

Number of funding rounds

Frequently asked questions

PEOPLE TRUST Community Loan Fund is located in Little Rock, Arkansas, US.
You can reach PEOPLE TRUST Community Loan Fund at +15014763910.
PEOPLE TRUST Community Loan Fund generates an estimated annual revenue of $1,112,215. This revenue figure reflects the company's market position and business performance in its industry.
PEOPLE TRUST Community Loan Fund has an estimated valuation of $3,600,000. This valuation is calculated based on industry-standard revenue multiples and reflects the company's growth potential and market positioning.
PEOPLE TRUST Community Loan Fund was founded in 2008, making it 18 years old. The company has established itself as a significant player in its industry over this time.
PEOPLE TRUST Community Loan Fund has approximately 11-20 employees. The company continues to grow its workforce to support its business operations and expansion.
PEOPLE TRUST Community Loan Fund has raised a total of $6,200,000 across 1 funding rounds. This investment has helped the company grow and expand its operations.

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