Loans may be used to start a new business or to expand an existing business.
Loans funds may be used for equipment, land acquisition, site preparation, building acquisition, building construction, remodeling, machinery and equipment, furniture and fixtures, and working capital.
Loan funds may be utilized by businesses in:
- Service Retail
Applications are accepted on a continuous basis. Completed applications are reviewed by the Clayton County RLF loan board within 30 days of receipt. Applicants are formally notified of approval, contingency approval, or denial within ten days of the review.
Contact: Clayton County Development Group to request an application:
Clayton County Development Group
200 E Bridge Street
P.O. Box 778 Elkader , IA 52043