Revolving Loan Fund – $233,000+ Available for Local Business

Republic County is an E-Community partner with NetWork Kansas allowing RCED to raise over $200,000 in revolving loan funds since 2013 for our county.

NOTICE The Republic County RCD Committee will meet Wednesday, November 9, 2016 at 7:00 pm to consider business development applications that have been received in a timely fashion. Applications must be received in the Republic County Clerk’s office by 4:00 p.m. on Friday, November 4, 2016.

Applications are available at the Republic County Clerk’s office. Funds available for this lending period total $233,038.60. For more information, contact Kay Shoemaker, RCD Secretary/ Treasurer at 785-527-0657.

Loan funds, administered by a loan committee, approved by the Republic County Commissioners are available for new and existing businesses in Republic County. Funds are available year around. The maximum interest rate is 3.5% below the national prime interest rate, with a minimum interest rate of 4%. Businesses must remain in Republic County, Kansas. Contact Republic County Economic Development Office for an application or more information.