Areas Served: Blount, Chilton, Jefferson, St. Clair, Shelby & Walker Counties
The Regional Planning Commission of Greater Birmingham operates a revolving loan fund that provides supplemental financing for expanding and new businesses located in Blount, Chilton, Jefferson, St. Clair, Shelby and Walker Counties whose projects will result in the creation of new permanent jobs.
RLF funds may be used in conjunction with SBA 504 and 7(a) guarantees, commercial loans, mortgage loans and other public sector revolving loans.
Eligible uses include the purchase and development of land and buildings, the renovation or modification of existing buildings, purchase of machinery and equipment and the provision of permanent working capital.
One new job must be created for every $35,000 of RLF assistance.
Contact InformationRegional Planning Commission of Greater Birmingham
Address: 1731 First Avenue North, Suite 200
City: Birmingham
State: Alabama
Website:
http://rpcgb.org/economic-development/
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