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    Economic Development

    1. Regional 166 Loans
    2. Small Business Administration 504 Loans
    3. Community Development Block Grant Loans
    4. Day Care
     

     1. REGIONAL 166 LOANS

    Fixed asset loans at 2/3 of Prime, (no lower than 4%) with a maximum of $350,000. The service area is the State of Ohio with primary emphasis on Auglaize, Butler, Clinton, Champaign, Clark, Darke, Greene, Mercer, Miami, Montgomery, Preble, Shelby, and Warren counties.
     

    2. SMALL BUSINESS ADMINISTRATION 504 LOANS

    Fixed asset loans for small business expansions with a maximum of $4,000,000. These loans are well suited for construction and renovation projects. The interest rate is triggered by the sale of debentures (guaranteed by SBA) on the open market. The service area is the State of Ohio with primary emphasis on Auglaize, Butler, Clinton, Champaign, Clark, Darke, Greene, Mercer, Miami, Montgomery, Preble, Shelby, and Warren counties.
     

    3. COMMUNITY DEVELOPMENT BLOCK GRANT LOANS

    These loans are targeted for simple real estate acquisitions or equipment purchases with a maximum of $100,000. The rate is 2/3 of Prime with terms and amortization based on the useful life of the asset.  The service area is within Montgomery County (excluding the cities of Dayton and Kettering). 
     

    4. DAY CARE

    These loans are targeted for licensed day care centers. The maximum loan is $25,000 with funding to be used for working capital, or equipment needs. The servicing area is  Montgomery County.