Areas Served: City of Monmouth
The Revolving Fund was established to provide financial assistance to new orexpanding businesses in Monmouth and to secure public benefit for the residentsof Monmouth by developing a stronger economic base and expanded job opportunities.
Use of the funds is governed by a variety of rules and regulationsmandated by the State and Federal agencies that provided the original grants tothe City of Monmouth as well as policies adopted by the City of Monmouth, Illinois.
The minimum City of Monmouth RF Program Loan amount shall be $10,000 and themaximum City of Monmouth RF Program Loan amount shall be $80,000.
Contact Information
City of Monmouth, Illinois
Address: 100 East Broadway
City: Monmouth
State: Illinois
Website:
https://www.cityofmonmouth.com
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