Our Revolving Loan Fund (RLF) has assisted Precision Tower Products
purchase land, machinery, and equipment for a new 80,000 Sq. Ft. manufacturing headquarters.
Revolving Loan Fund (RLF)
These are Community Development Block Grant based loans of up to $500,000 for primary target industry business and $200,000 for secondary target industry businesses from 1 to 3% interest for construction, machinery and equipment. Dollars are based on $25,000 per Low to Moderate Income (LMI) employee hired in a 3 year time frame. Loans can be made for up to 20 years.
Forms, Applications and Downloads