Areas Served: Benzie County
The Benzie County, Michigan Revolving Loan Fund is part of a federal program that requires job creation and low to moderate income beneficiaries.
Eligible jobs must be new positions at your company.
State guidelines for this program allow an applicant to borrow up to $35,000 per created position.
A form will be provided to you after approval of your loan to help you gather the required income information from your new employees.
In addition to job creation requirements, the State also requires a personal guarantee from all the owners of the company.
The application will not be approved at the State level unless all owners provide a personal guarantee for the full amount of the loan.
Contact InformationTraverse City Area Chamber of Commerce
Address: 202 East Grandview Parkway
City: Transverse City
State: Michigan
Website:
http://tcchamber.org
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