FAQ Category Revolving Loan Program

Maximum Loan — $100,000.00 Minimum Loan — $10,000.00 Application Fee — $100.00 Job Creation Rate — 1 per $10,000.00 Maximum Term — 10 years Rates — Fixed

Refinancing existing debt or payments to business owners or partners Activities for investment purposes not directly related to job creation General improvement loans for normal replacement needs of business and unrelated to job creation Agriculture production costs (i.e. cultivation, production,…

Contact Michael White at (850) 265-3631 for pre-application materials, including: Project description Project impact Business feasibility Preliminary market data and market strategy Preliminary financial feasibility Identify management team Preliminary timeline schedule Management track record (including resumes) Source and use of…

Acquistion or construction of commercial and industrial buildings and structures Purchase of capitalized machinery and equipment with a useful life of 5 years or more Acquisition of real property for economic development Rehabilitation of deteriorated retail, commercial, and industrial buildings

Industrial or commercial development Small business expansion Business incubators Community infrastructure or facilities* Medical facilities* Training or educational facilities* * Should provide permanent jobs in rural area

Business ventures – corporations, partnerships, sole proprietorships, and cooperatives Local governments or public entities Non-profit entities Tribal authorities

Attractive interest rate of prime or below Local control of funds Less red tape and quicker response to funding requests Leverages funding from local financial institutions Increases funds available to local businesses