Areas Served: Hancock, Knox, Penobscot, Piscataquis, Waldo, and Washington Counties, with the exception of Bangor
The Rural Development Intermediary Relending Program, sponsored by the U.S. Department of Agriculture, Rural Development Division, assists healthy growing businesses with special financing needs.
Its objective is to create job opportunities and stimulate economic activity in rural communities.
¢Up to $150,000
¢Up to 50% of project costs
¢Up to Wall Street prime rate, fixed
¢Up to 15-year term EMDC is an intermediary for the IRP, serving the needs of businesses in Hancock, Knox, Penobscot, Piscataquis, Waldo, and Washington Counties, with the exception of Bangor.
Contact InformationEastern Maine Development Corporation
Address: 40 Harlow Street
City: Bangor
State: Maine
Website:
http://www.emdc.org/feed.php?num=1&news_id=21&feed_id=15
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