Mo-Kan Development Inc.
816.233.3144
www.mo-kan.org/MKDI/rlf.htm
Revolving Loan Fund
Eligible area includes Atchison, Brown, Doniphan counties in Kansas and Andrew, Buchanan, Clinton, and DeKalb counties in Missouri. Eligible businesses are for-profit, tangible net worth less than $6 million, a net income after taxes less than $2 million, and fewer than 100 employees.
The loan monies may be used for the purchase of fixed assets; such as land, buildings, and equipment or working capital for renovations, expansions or inventory. Ineligible businesses include those relocating out of the 7 county area, churches, not-for-profit concerns, gambling establishments, and illegal businesses.
The maximum amount of a loan is $200,000. The loan monies may be combined with another loan fund.