EDA Revolving Loan Fund (EDA)
The EDA fund is designed to provide financing that will create or retain jobs, expand businesses, and assist in the creation of viable businesses within distressed communities. This fund provides financing for land/building acquisition, new construction, equipment/fixtures/machinery, inventory, supplies, and/or working capital.
| Loan Range: | 33% of project costs up to $100,000 |
| Terms: | 5-20 Years |
| Rate: | 6.25% Minimum |
| Service Area: | Gilliam, Grant, Harney, Malheur, Morrow, Umatilla, Wheeler |