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Muncie Industrial Revolving Loan Fund

Muncie's Industrial Revolving Loan Fund provides financing for manufacturing-related equipment, real estate, and employment needs.

About this program

The Muncie Industrial Revolving Loan Fund was created from a federal grant to assist manufacturing businesses with financing for equipment, real estate, and employment-related project needs. The fund is administered locally by the Muncie Industrial Revolving Loan Fund Board and is intended to support industrial development, business expansion, and job creation or retention in Muncie.

Eligibility

Manufacturing and industrial businesses with eligible projects in Muncie may apply for financing through the Muncie Industrial Revolving Loan Fund.

Requirements

  • Applicant must propose an eligible manufacturing or industrial project connected to Muncie.
  • Loan proceeds must support eligible uses such as equipment, real estate, or employment-related project costs.
  • Applicant must submit the MIRLF application and supporting business and financial documentation.