Areas Served: City of Effingham
This is a City of Effingham, Illinois program whereby low interest business loans are available based on the project cost and the number of jobs being created.
Typical terms have been a 3% fixed interest rate for five years based on $15,000 loaned per job created.
These funds can also be used as a grant to assist a project with public infrastructure improvements based on $15,000 per job created.
Contact InformationCity of Effingham, Illinois
Address: 201 E. Jefferson
City: Effingham
State: Illinois
Website:
http://www.effinghamil.com/ED_Incentive_Overview/62/a/52
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