Areas Served: Statewide Iowa IowaMicroLoan has created a fund to provide a source of capital for microentrepreneurs who are seeking a direct loan of $5,000 to $50,000 or a co-financing arrangement of up to $150,000. Applicants must have applied for a loan at a traditional credit source and have been denied before either of these
Read MoreAreas Served: Cerro Gordo, Chickasaw, Floyd, Hancock, Howard, Kossuth, The Heartland Power Cooperative service area encompasses a sizable network of organizations to help businesses get off to a successful start with the Economic Development Loan & Grant Programs. Contact InformationHeartland Power CoopAddress: 216 Jackson StreetCity: ThompsonState: Iowa Website: http://www.heartlandpower.com/
Read MoreAreas Served: Grundy County This new revolving loan program was created to assist small and emerging businesses in the Grundy County, Iowa. This program can be used for retail and service businesses, among others. The interest rate will be around 3% and there will be a maximum repayment term of 5 years. The maximum loan
Read MoreAreas Served: Harrison, Ida, Cherokee, Crawford, Monona, O’Brien, North West REC created a Community/Economic Development Revolving Loan Fund in 1995 to improve the quality of life in rural areas by contributing to long-term improvement in the local economy. 80% of the funds for the Revolving Loan Fund have come from grants offered through the USDA
Read MoreAreas Served: Winnebago, Worth, Mitchell, Hancock, Cerro Gordo, Floyd, Wright, Franklin and Butler Counties. The North Iowa Area Community College (NIACC) John Pappajohn Entrepreneurial Center (JPEC) is now accepting applications for the NIACC JPEC Revolving Loan Fund. Earlier this year, the NIACC JPEC received a $99,000 grant from the United States Department of Agriculture Rural
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