Loan amount available:
No minimum. Maximum of $35,000 per job
created/retained based on
availability of funds.
Interest rate: Prime –2% (floor 4%) fixed.
Term:
Match primary lender or useful life of asset being financed,
but not exceeding 10 years for fixed assets and 5 years for
working capital.
Primary eligibility requirements: Program available in Lincoln County.
Special requirements/features: For-profit and non-profit businesses eligible.