Areas Served: Edwards, Gallatin, Hamilton, Saline, Wabash, Wayne or White counties Funded by the Illinois Department of Commerce and Economic Opportunity through the Community Services Block Grant Program (CSBG), this is an economic development program that creates employment opportunities for income eligible individuals by allowing entrepreneurs to start or expand their business at favorable rates.
Read MoreAreas Served: Clark, Coles, Crawford, Cumberland, Douglas, Edgar, Jasper, Lawrence, and Richland counties The CSBG Loan Program can provide low interest loans to small business in the Illinois counties of Clark, Coles, Crawford, Cumberland, Douglas, Edgar, Jasper, Lawrence, and Richland counties for the purchase of machinery, equipment, inventory, or to provide working capital. CSBG funds
Read MoreAreas Served: Kendall County Kendall County, Illinois Economic Development oversees a revolving loan fund used to foster job creation. The County coordinates development in unincorporated areas of the County and provides support to local municipalities and local economic development corporations (EDCs) to facilitate business development in the cities and villages. For every $15,000 borrowed, one
Read MoreAreas Served: City of Eureka The City of Eureka and Woodford County, in cooperation with the area banks, each administer a 5%, 5-year loan program to encourage business acquisition, expansion and start-up. Contact InformationCity of Eureka, IllinoisAddress: 128 North Main StreetCity: EurekaState: Illinois Website: http://www.eurekaillinois.net/econdevelopment/aaeconomicdevel.html
Read MoreAreas Served: City of Batavia Batavia City Council approved a Micro Loan Program to assist businesses seeking small loans with a below market interest rate. The program is a subsidiary of the city’s existing Revolving Loan Fund (RLF) program which is funded by the State of Illinois through the Department of Commerce and Economic Opportunity
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