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OH
Summit County Revolving Loan Fund
CDBG-funded revolving loan financing for business growth and economic development activities in Summit County.
About this program
Summit County’s Revolving Loan Fund was established to carry out economic development activities and provide businesses with capital for growth. The fund has CDBG and local funding sources and supports eligible businesses in the county.
Eligibility
Eligible Summit County businesses with viable projects and financing needs that meet revolving loan fund requirements.
Requirements
- Operate or invest in Summit County and meet fund eligibility rules
- Submit business plan, financial statements, project budget, collateral, and use-of-funds information
- Meet underwriting, repayment, job, and CDBG-related documentation requirements