Areas Served: Statewide Illinois IFA assists Illinois businesses that create or retain jobs by offering a loan participation program in conjunction with their lender. Through this program the Authority will purchase up to the lesser of $500,000, or a 50% participation in the loan, directly from the borrower’s lender. Details are available from your IFA
Read MoreAreas Served: City of Kewanee The City of Kewanee, Illinois Revolving Loan Fund is designed to increase capital availability to projects that create/retain jobs in Kewanee by spreading the risk among lenders and by reducing the cost of capital to the borrower. In most instances, financing through the City of Kewanee Revolving Loan Fund fills
Read MoreAreas Served: City of Danville The Danville, Illinois Small Business Loan Program is a combined effort of the City of Danville and four lending institutions (First Midwest Bank, First NationalBank, Central Illinois Bank, Iroquois Federal Savings & Loan Association and Old National Bank) The purpose of the Program is to assist local for-profit business entities
Read MoreAreas Served: Morgan County Morgan County, Illinois offers a CSBG loan program to assist new businesses or expand an existing business to provide new employment for the income disadvantaged. Contact InformationMorgan County CourthouseAddress: 300 West State StreetCity: JacksonvilleState: Illinois Website: http://www.morgancounty-il.com/MCS-Community-Services.html
Read MoreAreas Served: City of Lacon The City of Lacon, Illinois offers a revolving loan fund for businesses in the county. Contact InformationCity of Lacon, IllinoisAddress: 406 5th StCity: LaconState: Illinois Website: http://laconcity.com/economicdevelopment.html
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