Summary of Missouri Loan Programs

Loan Program	Agency	Maximum Funding	Eligible Businesses	Eligible Locations	Key Program Benefits
Action Fund	MO DED	Lower of $750,000, 40% of project or $40,000 per new/retained job	Primary	Non-Metro	Up to 2-year dererral; Subordinate collateral
Small Business	MO DED	$25,000	Primary	Any	Up to 100% financing; lower rate
Grow Missouri	MO DED	Lower of $3 million, 10% of project or $75,000 per new/retained job	Primary	Any	Up to 3-year deferral; lower rate; longer term
SBA 504 Loan	US SBA (via local certified development companies)	Lower of $1.5 million, 40% of project or $40,000 per job	Most	Any	Subordinate collateral; longer term; fixed rate
SBA 7a Guarantee	US SBA (via local banks)	$2 million loan guaranteed 75%	Most	Any	More flexibility; lower rate; longer term
USDA Guarantee	US Dept. of Ag. (via local banks)	$10 million guaranteed 75%	Most	Rural	More flexibility; longer term
High Technology	MTC	Lower of $3 million or 50% of project	Primary; later stage growth companies	Any	Up to 50% of project; lower rate