Areas Served: Allen, Anderson, Bourbon, Cherokee, Coffey, Crawford, Linn, Labette, Montgomery, Neosho, Wilson, and Woodson Counties.
Businesses located in the Southeast Kansas Economic Development District (includes Allen, Anderson, Bourbon, Cherokee, Coffey, Crawford, Linn, Labette, Montgomery, Neosho, Wilson and Woodson Counties) are eligible for a business revolving loan.
Loans are currently limited to a maximum of $100,000. However, the funds must be used for projects that save or create jobs.
Businesses may apply for a maximum of $25,000 per job saved or created by the loan project.
The minimum interest rate charge is four percentage points below the current money center prime quoted in the Wall Street Journal.
In no event may the interest rate be less than four percent.
Contact InformationKansas Economic Development District
Address: P.O. Box 664
City: Chanute
State: Kansas
Website:
http://www.sekrpc.org/cms/Services/RevolvingLoanFundRLF/tabid/89/Default.aspx
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