Areas Served: Platte County
Platte County Economic Development has a Revolving Loan Fund (microloan) that is available to local business that: provide employment, manufacture a product, add value to a product, provide services to areas outside of Platte County, tourist related businesses who bring new dollars into the county.
Businesses that have the potential to expand their operations and create new jobs through the use of the funds.
Proceeds of microloans maybe used for working capital, inventory, supplies, furniture, fixtures, machinery, and/or equipment.
In no case shall the proceeds be used for down payment or purchase of real estate.
Loans amounts range from $500-$25,000. The board of directors has the authority to increase the loan amount and adjust the terms on an individual basis.
Interest rate is 4% to 6%.
Contact InformationPlatte County Economic Development
Address: 1560 Johnston Street
City: Wheatland
State: Wyoming
Website:
http://pcedwyo.org/business
Leave a Reply