Loan amount available: $35,000 per job being created/retained up to one-third of project cost; maximum of $100,000 (subject to availability of funds)
Interest rate: Negotiable, below prime (fixed)
Term: 3-7 years for working capital and inventory, 3-15 years for fixed assets
Primary eligibility requirements:
Bank request for assistance
Program available in Jewell County only
See Business Finance Program for assistance.