CDBG Business Loan Fund

Funded by Washington State Community Development Business Grant

• Available in Adams, Asotin, Ferry, Garfield, Grant, Lincoln, Pend Oreille, Stevens, Whitman, and rural Spokane counties.
• Loans from $10,000 to $100,000.
• Used for Working Capital, Fixed Assets, and Equipment.
• Terms – Up to: 5-years on Working Capital, 10-years on Equipment, 15-years on Real Estate secured.
• Net Worth of 10% and equity of 10% contribution into project.
• Job Creation is Mandatory and must be filled by certified low-to-moderate income workers. Minority/female employment is also a goal.
• Limitations: Cannot be used to benefit shopping malls

LOAN QUICK LINKS

Revolving Loan Fund

Rural Development Loan Fund

CDBG Micro Enterprise Loan Fund



FINANCING RESOURCES

Resources