Areas Served: Statewide Maine
The Regional Economic Development Revolving Loan Program (REDRLP) through Community Concepts Inc is designed to help businesses that have sales under $5,000,000 or employ 50 or fewer employees in one of the following categoriesadvanced manufacturing, advanced information systems, advanced biological/natural resource technologies, conversion from the defense industry, significant export involvement (goods and services), significant research and development, micro-businesses (under 5 employees)create or retain jobs.
Eligible businesses may receive a loan for one third of the total project cost, up to a maximum of $200,000, and half of the total project cost, up to a maximum of $50,000. Uses of Funds
¢Working Capital
¢Inventory
¢Supplies and Start up Costs
¢Furniture and Fixtures
¢Machinery and Equipment
Contact InformationCommunity Concepts
Address: P.O. Box 278
City: South Paris
State: Maine
Website:
http://www.community-concepts.org/index.php?option=com_content&view=category&layout=blog&id=44&Itemid=62
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