The Economic Development Revolving Loan Fund

PROGRAM MISSION

The purpose of the ED-RLF is to assist with business financial needs that will create and retain employment opportunities in the City of Seat Pleasant; with major emphasis on employment for persons from low-to-moderate income households.

APPLICATION INFORMATION

• Applications are accepted year-round
• Applicants must be Seat Pleasant residents or business owners within the corporate limits of the city

Eligible Uses Include:

• Land Acquisition (in conjunction with building purchase or construction)
• Purchase and Installation of Machinery and Equipment
• Working Capital (direct labor cost of inventory only)