Areas Served: City of Chicago In participation with the Rural Development Administration’s Intermediary Relending Program, the Illinois Finance Authority will finance business facilities and community development projects in eligible rural areas. Benefits: Finance up to 75% of project cost maximum of $250,000 Interest rate as follows, with a cap of 6%, whichever is less:
Read MoreAreas Served: Pima The Microbusiness Advancement Center provides SBA Microloans to small companies in Pima County Arizona when they are not able to obtain enough financing through traditional bank programs. The The Microbusiness Advancement Center considers loan requests between $500 to $35,000 Contact Information Address: 10 East BroadwayCity: TucsonState: Arizona Website: http://mac-sa.org/
Read MoreAreas Served: Town of Enfield The Town of Enfield, Connecticut and the Department of Housing and Urban Development have created a program, the Small Business Development Fund, to encourage and establish small business development and expansion in the Thompsonville Village Center District. Contact InformationTown of Enfield, ConnecticutAddress: 820 Enfield StreetCity: EnfieldState: Connecticut Website: http://www.enfield-ct.gov/226/Development-Services
Read MoreAreas Served: City of Carbondale The downtown facade improvement loan program was established in August 1990 and has been amended to meet the changing needs of downtown property owners in Carbondale, Illinois. Structures eligible for the program must be located within the loan program area. The program is designed to fund up to 100% of
Read MoreAreas Served: Cloud, Mitchell, Dickinson, Lincoln, Jewell, Ottawa, Washington, Ellsworth, and Republic counties. Loan amount available: $50,000 per job being created/retained OR- one-third (1/3) of project cost, whichever is less; up to $150,000 maximum (subject to availability of funds). Interest rate: Prime 2% (floor of 5%) Term: Amortization available to match bank participation. Primary
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