Butte County Economic Development Corporation

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Friday, September 05, 2008

Tri-County EDC Economic Development Administration Revolving Loan Fund

Uses:
Working capital, inventory, machinery, equipment, business acquisitions

Criteria:
1 job created for every $20,000 borrowed, borrowed injection of 20%, available for businesses in Butte, Glenn, and Tehama counties

Maximum Loan Amount:
Up to $200,000

Interest Rates:
Generally not to exceed 10%

Total Fund Capitalization:
$1,394,440

Total Projects Financed Locally:
$2,700,000

Contact:
Tri-County Economic Development Corp.
(530) 893-8732

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© 2001 BUTTE COUNTY ECONOMIC DEVELOPMENT CORPORATION
555 Main Street Suite 200, Chico, CA 95928
PHONE (530) 895-2728 • EMAIL: INFO@BUTTE-EDC.COM
CREATED BY: MATSON & ISOM TECHNOLOGY CONSULTING