Loans for Small Businesses
"Pathfinders helped us secure a loan for our small manufacturing business in Birmingham. The process was quick and painless and they were very helpful."
Donnalee Mathias, Lick Creek Enterprises
Overview
This is a revolving loan program--meaning new loans can be made only when funds are available from existing loan repayments. Residents in Davis, Jefferson, Keokuk, Mahaska, Van Buren and Wapello counties are eligible to apply.
Regular Loan Features
- No application fee
- 4% Interest
- Maximum 10-year term
- $5,000—$20,000 available per loan
- Applicants are encouraged to provide cash match (equity or other loans) equal to loan request Loan Review and Approval Process
- Request application
Micro-Loan Features
- No application fee
- 4% Interest
- Maximum 5-year term
- $2,000—$5,000 available per loan
- Applicants are encouraged to provide cash match (equity or other loans) equal to loan request Loan Review and Approval Process
- Request application
Goals/Priorities for Loans
Pathfinders loan program has four priorities.
All loan requests must meet at least one of the following goals:
- Natural resource based business
- Value-added agriculture enterprise
- Facilities and services to low income, under employed or elderly
- Small commercial or retail business
How to Apply
Contact the Pathfinders office for more information by calling 641-472-6177 or email info@PathfindersRCD.org
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NEWS & EVENTS
Pathfinders RC&D Monthly Board Meeting
Wednesday, February 22
6:00 p.m.
Pathfinders RC&D Office, 304 South Maple, Fairfield
Cultivating Opportunities: A Look at Local Food Issues in our Changing World
Saturday, March 3
9:00 a.m. - 4:00 p.m.
Advanced Technology Center
Indian Hills Community College, Ottumwa
$25 before February 26
$35 after February 26 or at the door
Registration includes locally grown lunch
Southeast Iowa is filled with opportunities! Find out what's happening in local food production and explore where we go from here.
For more information, contact Tish Reck at (641) 683-5170 or Tish.Reck@indianhills.edu.
Register online
Getting Yourself on Google Maps
Tuesday, March 6
9:30 a.m - Noon*
Honey Creek Resort, Moravia
FREE for Historic Hills Byway communities/attractions or CITR Members
$10 regisration for all others
*Optional Post-workshop Tourism Exchange
Noon - 1:30 p.m., $10 for lunch if attending
This is a comprehensive training on how to get your business or point of interest plotted on Google Maps and how to create functional and user-friendly event maps. Funded in part through Central Iowa Tourism Region.
For more information contat Katy at Pathfinders at 641-472-6177 or email katy@pathfindersrcd.org
NEW! Grant Received for Mormon Trail Development
Pathfinders recevied $86,000 in Statewide Transportation Enhancement grant funds to identify nationally significant historical resources on the Iowa Mormon Wagon Trails and Iowa Mormon Handcart Trail.
The project will include a cultural and natural resource inventory and land acquisition study. The project will also result in preservation and interpretive plans. This project is being completed as part of Iowa scenic byway development
While grants funds have been committed, Pathfinders is still securing necessary cash match. The project is expected to start in fall 2012.
For more information call 641-472-6177 or email Byway Coordinator Katy Anderson at katy@pathfindersrcd.org.
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