STATE

LOAN MODEL

PUBLIC/PRIVATE LENDING ENTITIES

STATE/PUBLIC ENTITY CONTACT

PRIVATE/LENDING ENTITY CONTACT

ADMINISTRATION

OTHER PARTICIPATING ENTITIES

(1997)

Loan Guarantee and Interest Buy Down

SouthTrust Bank and the Southern Disability Foundation

pabrusse@southernco.com

(205) 254-4469

Southern Disability Foundation, Inc.

Consumer Board of Non-Profit Organization

(1995)

Loan Guarantee and Interest Buy Down

North Rim Bank, & State Tech Project

jim_beck@educ.state.ak.us Vocat. Rehab, AT and Bus Devel

Northrim Bank

Assistive Technology of Alaska and North Rim Bank

None

(1997)

Revolving

No bank, Arkansas Rehabilitation Services

sogaskin@ars.state.ar.us ICAN/Arkansas Rehabilitation Services

No Data

AR Rehab Services- Loan Fund Advisory Committee makes loan recommendations

Arkansas Equipment Loan Fund Board

(1980)

Loan Guarantee Program

Any licensed financial institution

Rebecca Coleman (916) 263-8678 rmcolema@dor.ca.gov California Assistive Technology

No Data

California State Dept. of Rehabilitation

N/A

(1994)

Revolving

and Social Services

Connecticut Tech Act Project

Com of People's Bank

Dept. of Social Service, Bureau of Rehab. Services, CT Tech Act Project.

State of Ct Bonding Commission, and Independent Living Centers

(1994)

Loan Guarantee and Interest Buy Down

and State Tech Act Project

Hawaii Assistive Technology Training & Services

(808) 539-7126

American Savings Bank but Hawaii Assistive Tech Testing and Services (HATTS) administers program

None

(1994)

Loan Guarantee and Interest Buy Down

First Security Bank, N.A. and Key Bank, N.A. - Idaho District

Idaho A.T. Project

First Security Bank, N.A.

Idaho Assistive Technology Project

Idaho Community Foundation

(1998)

Loan Guarantee

Mercantile Bank Midwest, Iowa Able Foundation, and State Tech Act project

Jennifer-Britton@uiowa.edu Infotech/Iowa Program for AT

Mercantile Bank Midwest

The IA Able Foundation Board designated InfoTech, a service of the IA Program for AT, as the lead entity

Iowa Program for Assistive Technology

(1993)

Interest Buy Down by Treasurer’s Office

but Credit Unions and S. & L.'s also participate

(312) 814-2765 (Fax)

No Data

State Treasurer's Office

Many Banks around the State

(1994)

Traditional

NationsBank

meow@cjnetworks.com

NationsBank

NationsBank

None

(1998

Loan Guarantee with Interest Buy Down Option

Negotiating with 5th Third Bank

nancy.hansen@mail.state.ky.us Vocational Rehabilitation

None at this time

Kentucky AT Loan Corp., Workforce Development Cabinet

State Tech Project, KY Voc Rehab, and KY Development Disabilities Council

(1989)

Revolving

Finance Authority of Maine

Alpha One

Same as previous column

and Finance Authority of Maine

None

(1996)

Traditional

First National Bank of Maryland, and negotiating with lenders for

mpdalto@yahoo.com MD Technology Assistance Program

No Data

First National Bank of Maryland. For new program, the Gov's Office for Indiv with Disabilities.

MD Tech Assis Program

(1999)

Loan Guarantee and Interest Buy Down

FirstStar Bank

MN STAR Program

mary_ann_suddeith@firststar.com Firststar Bank

MN STAR's nonprofit entity ATMN

None

(1996)

Traditional

NationsBank

(816) 979-6646

NationsBank

None

(1998)

Loan Guarantee

Loan Guarantee

julietom@selway.umt.edu

(406)728-6736

First Security Ba

UM

(1991)

Loan Guarantee

and Non Profit entity

nvreach@powernet.net

(702) 594-5863

Bank America

State Office Com Based Services, Consumer Committee, AT Center

(1992)

Loan Guarantee

Loan Guarantee

mcschuh@cisunix.unh

cjoyce@peoplesheritage.com

Bank of New Hampshire

ATECH Serv., NH Tech Act Proj, NH Char. Found, Counc for Child & Adoles w/ Chron. Health Cond.

(1997)

Traditional

Fleet Bank

packr@njpanda.org

(800) 225-5353

Fleet Bank

None

(1998)

Loan Guarantee

State Tech Act Project

The NM Technology Assistance Program

First Security Bank

The New Mexico Division of Vocational Rehabilitation

None

(1986)

Revolving

State Comptroller

(518) 486-6338 (Fax)

and State Comptroller

Equipment Loan Fund Review Board

(1992)

Loan Guarantee

Non-Profit entity

Programs for Accessible Living

Chris Joyner Ass't VP

(704) 388-8332

NationsBank

None

(1998)

Loan Guarantee

First National Bank,

(701) 795-6630 (Fax)

(701) 795-3236

First National Bank

North Dakota Interagency Program for AT

(1996)

Traditional

Trained Board members

evans.219@osu.edu

(614) 233-4507

Fifth Third Bank of Columbus

Tech Project staff

(1996)

Traditional

BancFirst

Oklahoma ABLE Tech

BancFirst

BancFirst

None

(1998)

Loan Guarantee

First Union Bank

vdel@nimbus.ocis.temple.edu Pennsylvania Assistive Technology Foundation

chris.borowiec@firstunion.com First Union Bank

First Union Bank and PA AT Foundation

None

(1995)

Loan Guarantee with extended terms.

(Wells Fargo)

jjohnson@tie.net

Norwest Bank

Norwest Bank

Disability agencies across the state distribute loan applications

(1993)

Interest Buy Down and Partial Loan Guarantee

1st Security Bank only provides loan money, Buy-Down funds from State, Foundations, Corp., & Indiv.

Utah AT Foundation

1st Sec. Bank of Utah

and Utah AT Foundation

None

(1991)

Revolving

Vermont Development Credit Union, and State Tech Act project

lynnec@dad.state.vt.us Vermont A T Project

VT Development Credit Union

Vermont Credit Union, and the State

Consumer Board Reviews Loans and Meets Monthly

(1997)

Loan Guarantee and Interest Buy Down

Crestar Bank and the Assistive Technology

Assistive Technology Loan Fund Authority

Scott.Hansen@Crestar.com Crestar Bank

AT Loan Fund Authority

None

(1998)

West Virginia

State Treasurer's Office

brendak@wvdrs.wvnet.edu

No Data

State Treasurer's Office and Revolving Loan Fund Board

None