The Greater Wabash Regional Planning Commission Revolving Loan Fund was funded by a grant through the Economic Development Administration. Money loaned is for businesses looking to create or save jobs in the seven county area served by GWRPC.
The maximum amount of RLF funds in any one project is $300,000 and cannot exceed 33% of the total project (Funds must be leveraged with $2 of private sector monies for every $1 of RLF monies). Criteria for loans include: working capital, construction, reuse and modernization of facitilies, equipment, or purchase of inventory. Call for the latest interest rates.
Applications may be downloaded from this web-site. However, you are strongly encouraged to contact the GWRPC office prior to filling out the application.