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MO DED Division of Energy's Loan Program

by Kaitlyn Mrasek | May 17, 2017

(Taken from Missouri Department of Economic Development press release)

MO Energy Loan Program

The Missouri Department of Economic Development has announced their Energy Loan Program's FY2018 Loan Cycle is now open with approximately $5 million in funding available. Loan applications are being accepted from May 1, 2017 to July 31, 2017. The loan amount per applicant is from $10,000 to $1,000,000 and the interest rate is 2.75%. Loans are repaid by energy savings with a maximum repayment term of 10 years including principal and interest. Loan amounts of more than $1,000,000 will be considered if funds remain.

This loan cycle is made available by the Missouri Department of Economic Development-Division of Energy. Learn more about the Energy Loan Program here.

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