Areas Served: Defiance County
Defiance County Economic Development offers three loan programs for businesses in Defiance County, Ohio.
Defiance County Infrastructure Revolving Loan Fund Program – Low cost loans to assist with needed public infrastructure.
This program is available for industrial or distribution projects.
This program can be combined with several state programs to fund infrastructure needs.
Defiance County Business Development Fund Revolving Loan Fund – This loan program provides low interest loans for financing of early stage business development costs.
Examples of these development items include: environmental surveys, business plans, and engineering studies.
City of Defiance Job Creation Incentive Program – The City of Defiance Job Creation Incentive Program provides a redirection incentive on new payroll tax based on the income tax rate of 1.5%, the number of jobs created, and the length of the term.
The company must pay wages 175% of the minimum wage.
Eligibility is determined by creating $250,000 of new payroll and/or 10 new jobs.
Contact InformationDefiance County Economic Development
Address: 1300 East Second Street Suite 201
City: Defiance
State: Ohio
Website:
http://www.defecon.com/incentive-programs.php
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