Program Category: Rural Development

Type of Program: Low-interest loan, grant for fixed asset financing

Eligible Entities: Not-for-Profit, Private Business

Provides up to $750,000 loan for a 10 year term at 0% interest and requires an Irrevocable Letter of Credit with a local lender for full amount of loan. Applications are submitted quarterly to USDA Rural Developement. on a competitive basis.

Contact Info:
Associated Electric Cooperative Inc
2814 S. Golden
Springfield MO 65807

Mark Woodson

417/881-1204

mwoodson@aeci.org

Fax Number: 417/885-9385