Areas Served: Floyd, Johnson, Magoffin, Martin and Pike Counties
The purpose of the Big Sandy Area Revolving Loan Fund (RLF) is to encourage the growth of business and industry within the region to diversify the economic base and create increased employment opportunities.
The Revolving Loan Fund (RLF) is a source of financing for new or expanding businesses in the Big Sandy Region (Floyd, Johnson, Magoffin, Martin and Pike counties), and must be utilized in conjunction with conventional financing to meet the company’s total financing needs.
RLF funds may not replace conventional (bank) financing; a loan can be considered only after a determination has been made that conventional loan sources cannot extend full financing to the applicant.
Contact InformationBig Sandy Area Development District
Address: 110 Resource Ct
City: Prestonburg
State: Kentucky
Website:
http://www.bigsandy.org/
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