Southwest Iowa Planning Council
Southwest Iowa Planning Council

Guidelines

  • Projects must be located in Cass, Fremont, Harrison, Montgomery, Page, or Shelby Counties
  • Applicants must demonstrate a need for RLF funding
  • Loans up to $250,000
  • Interest rates 75% of the Wall Street Journal prime rate
  • Must create or retain one permanent full-time job for every $50,000 loaned
  • Applicant must contribute 10% of the total project cost themselves
  • Must provide a business and marketing plan
  • Applications are reviewed by the RLF board on a rolling basis

SWIPCO is an equal opportunity provider, employer, and lender.

 

Southwest Iowa Planning Council, 1501 SW 7th St., Atlantic, Iowa, 50022

712-243-4196 or 1-866-279-4720; Fax 712-243-3458; swipco@swipco.org