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FEDERAL

City of Superior Rural Economic Development Loan and Grant Program

USDA-backed revolving loan funding for Superior-area small-business and community development projects.

About this program

The City of Superior Rural Economic Development Loan and Grant program uses USDA-sponsored funds administered through utilities and local government to provide a revolving loan program for eligible rural economic development and small-business projects.

Eligibility

Eligible Superior area businesses, nonprofits, and community development projects that meet USDA REDLG and city revolving loan fund requirements.

Requirements

  • Contact the City of Superior Economic Development office about REDLG fund availability
  • Provide project plan, budget, financing need, borrower information, collateral, and community benefit details
  • Meet USDA, city, underwriting, eligible-use, repayment, and reporting requirements