(Taken from Missouri Department of Economic Development press release)
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