Revolving Loan Program
It is the intent of
the County of Knox to establish a revolving loan fund
for the economic development within the community to provide financial
assistance to businesses for fixed asset acquisition. The monies for this revolving fund shall be
derived from program income received through a Community Development Block
Grant awarded to the County by the Nebraska Department of Economic
Development. All projects funded must be
the creation or retention of jobs which benefit lower income persons.
The County of Knox’s
purpose in establishing a revolving loan fund is to encourage economic
development activity within the community through the creation of new
businesses and the expansion and/or retention of existing businesses. Monies from this fund will not be used to
refinance existing debt.
To Inquire
about this program or monies available, please contact Toni Tauber for
information and/or application.
Advisory Board Members
Gary Vesely
Kenard Kreycik
Earl Stokes
Jason Hefner
Gerald Gunderson
Rod Banks
Marlene Grim
Mick Reifenrath