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  • Published Date

    March 21, 2019
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BUSINESS LOANS WE OFFER EDEVELOPMENT RURAL OPPORTUNITY FUND SBA 604 LOANS INDUSTRIAL ZONE This program is available to manufacturers and Wholesalers throughout Allen County. Loans may be used for land and building, renovations, equipment inventory and some working capital ·CDC finances 45% of project, bank finances 45% of project and borrower injects 1 0% One job must be created for each $35,000 of CDC loan amount Maximum loan amount of $300,000 of which, up to $100,000 may be used for working capital and inventory purchase. CDC may lend up to $50,000 without a bank match Proceeds may not be used to relocate a business from one labor area to another nterest rates fixed for the term of the loan, with no prepayment penalties CDC CONTACT US TODAY 200 E. Berry St, Suite 320, Fort Wayne, Indiana 260-427-1125 cdcnein.org Community Development Corporation of Northeast Darren Renier Jim Roush Indiana