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  • Published Date

    November 30, 2019
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BUSINESS LOANS WE OFFER RURAL DEVELOPMENT OPPORTUNITY ENTERPRISE SBA 504 INDUSTRIAL DEVELOPMENT FUND ZONE LOANS 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 10% One job must be created for each $3500 of CDC loan amount Maximum loan amount of $300.000 of which, up to $100.000 maybe 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 Interest rates fixed for the term of the loan, with no prepaymnent penalties DEVELOPMENT CDC 200 E. Berry St. Suite 320, Fort Wayne. Indiana 260-427-1125 cdcnein.org CONTACT US TODAY! OF FORT WAYNE Community Development Corporation of Northeast Indiana Darren Renier CORPORATION COMMUNITY BUSINESS LOANS WE OFFER RURAL DEVELOPMENT OPPORTUNITY ENTERPRISE SBA 504 INDUSTRIAL DEVELOPMENT FUND ZONE LOANS 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 10% One job must be created for each $3500 of CDC loan amount Maximum loan amount of $300.000 of which, up to $100.000 maybe 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 Interest rates fixed for the term of the loan, with no prepaymnent penalties DEVELOPMENT CDC 200 E. Berry St. Suite 320, Fort Wayne. Indiana 260-427-1125 cdcnein.org CONTACT US TODAY! OF FORT WAYNE Community Development Corporation of Northeast Indiana Darren Renier CORPORATION COMMUNITY

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