Region 9 Economic Development District of Southwest Colorado

Region 9 News & Press

Region 9 hires Business Loan Development Officer

October 12, 2016

Sanjiv Doreswamy will be joining the Region 9 Economic Development District of SW Colorado (Region 9) as a new Business Loan Development Officer. Doreswamy has experience in commercial lending, business mentoring, New Market Tax Credits and a variety of federal funding agencies. He has a Master of Public Administration from the University of New Mexico and BS in Commerce and Business Administration from the University of Alabama.

Laura Lewis Marchino, executive director of Region 9, said, "We believe Sanjiv will be instrumental in building our loan capital, marketing to area banks and making contact with clients." In turn, Doreswamy said, "I am excited to be part of the southwest Colorado community."

The Region 9 Business Loan Fund (BLF) program provides "gap" financing to support job creation and retention in La Plata, Archuleta, Montezuma, Dolores & San Juan counties. In addition to larger loans of $100,000 or more, Region 9 provides micro-loans to small business and entrepreneurs that can include up to $5,000 in grants for technical assistance.

Doreswamy can be reached at Sanjiv@scan.org or by calling Region 9 at 970-247-9621.

Video: