This is a $150,000 revoling loan fund that has been provided by the USDA. The intent is to distribute the monies in the form of a low interest loan to existing and startup business within Sherman County, Nebraska. The target of the program will be women owned businesses.
The amount of money that can be covered by the IRP Loan program is 65% of a project cost. The applicant must provide a minimum of 10% with the final 25% coming from a financial institution or another lending program.
Please follow this page for updates regarding applications and potential interest rates
If you have questions, please contact the Sherman County Economic Development Office at 308.745.5040.