Economic Development Administration Revolving Loan
This program, sponsored by the U.S. Economic Development Administration, assists existing or start-up businesses with special financing needs. Its objective is to create job opportunities and stimulate economic activity in rural communities.
- Up to $150,000
- Up to 50% of project costs
- Up to Wall Street prime rate, fixed
- Up to 20-year term
EMDC administers the EDA RLF to businesses in Hancock, Knox, Penobscot, Piscataquis, Waldo, and Washington Counties.
For more information
Contact email: email@example.com
If possible, please include a brief description of your project, along with the approximate loan amount requested. We look forward to working with you.