Information to be Provided with Loan Application

Copies of Bids/quotes, sales agreements etc. supporting project

Business Financial Information Operating Company,

Real Estate holdings

3 years of Balance sheets, income

and Cash Flow Statements or Tax Returns

Debt Schedule

Personal Financial Statements and 3 years tax returns

Matching funds source including confirmation Letter/Approval/Commitment

Start-up Businesses

A business plan will be required. One can

be obtained for free through the Small Business

Development Center (SBDC). The plan should be

based on market conditions where the business will

be located and include a 3-year pro forma balance

sheet and cash flow statements with supporting



Loan amounts are up to $150,000.

Loans are usually for manufacturing

Funds can be used for business start-up,

buildings, additions, new and used equipment

including upgrades.

Rates are below market, call for our current rates!

Loan Terms

1% origination fee

For Equipment: Up to 7 years depending on

the amount of the loan and payment

For Real Estate: Up to 10 years depending on

the loan amount and payment

The maximum term is 10 years unless an

exception is granted.