Southwest Nebraska Community Betterment Corporation, in conjunction with USDA Rural Development, is currently offering a low-interest loan through the Rural Business Enterprise Loan Program to small expanding, or start-iup businesses in the five county service area of Chase, Dundy, Hayes, Hitchcock or Perkins counties.
Loan funds will be used with the following terms.
- The expansion/start-up assisted by the loan must create or save employment opportunities.
- The minimum loan amount will be $2,000.
- The maximum loan amount will be $20,000.
- Interest on the loan will be 5%.
- Term of the loan will be a five year period.
- A $25 non-refundable application fee must accompany each application for processing.
- A 2% origination fee will be charged to the borrower at closing on the total revolving pool monies.
- Applications will be reviewed by the SWNCBC loan committee on an as needed basis.
- Loans will be made on a qualified first come first served basis, until the revolving pool is exhausted.
For more information, call 308.352.4338
For an application form, click below:
Business Loan Application
Complete the application and return it to :
SWNCBC, 115 West 3rd Street, Grant, Nebraska 69140
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