The Calhoun County Economic Development Corporation (CCEDC) is reminding entrepreneurs throughout the county to apply for its Revolving Loan Fund (RLF) to support startups and help existing businesses expand. The application is open year-round for funding to assist with a variety of approved uses. CCEDC Executive Director Theresa Hildreth says that the RLF was established in partnership with the U.S. Department of Agriculture Rural Development to reinvest repaid funds in future loans for other local businesses.
Hildreth says there are currently nine businesses throughout the county that have successfully secured funding through this program. She says there is an application process to determine eligibility.
Hildreth says that the loan can be used for a wide range of purposes.
Those interested in applying for the CCEDC RLF program can contact Hildreth.
Again, that number is 712-297-5601. Hildreth says the CCEDC is extremely proud to present this loan opportunity to Calhoun County businesses and encourages them to apply, supporting the businesses that she describes as the true backbone of the county.
