Areas Served: Richland County
Richland County and the City of Mansfield, Ohio offer the Industrial Business Revolving Loan Fund.
This focuses on job development in low and moderate income areas.
Loans cannot exceed $150,000 dollars for any one business and should not account for more than 33.3% of the total project coSt. Both Richland County and the City’s revolving loan programs are only to be used as “leverage” or “gap financing” in connection with a conventional bank loan and some personal equity.
Contact InformationCity of Mansfield
Address: 30 North Diamond Street
City: Mansfield
State: Ohio
Website:
http://www.ci.mansfield.oh.us/economic_development/EC2425_1.HTM
Leave a Reply