Areas Served: City of Dunsmuir
The City of Dunsmuir, California has business loans available under the Community Development Blog Grant Loan program.
There are several types of loan programs: Dunsmuir Business Assistance Guidelines: – The loan terms will be for up to ten years, depending on the financial gap, and the demonstrated need for EEF funding.
The terms will also vary based on borrower’s security.
– The interest rates will range from 3% to 7% based on a demonstrated need and financial gap.
The following activities are those typically funded with business assistance funds.
– Construction loans (business/developer) – Land acquisition loans (business/developer) – Loans for privately owned on-site improvements (business/developer) – Loans for business start-ups (business) – Equipment purchase loans (business/developer) – Working capital loans (business/developer) – Grants for public infrastructure and/or off-site improvements.
The Dunsmuir Business Assistance Guidelines state that least one full-time equivalent job as outlined in the program design will be created for every $29,484 loaned.
Two permanent halftime jobs equal one full-time equivalent job.
Contact InformationCity of Dunsmuir
Address: City Hall
City: Dunsmuir
State: California
Website:
http://ci.dunsmuir.ca.us/?page_id=63
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