All programs require collateral and personal guaranties for the loans.  Applicants must be able to demonstrate repayment ability and have a reasonably acceptable credit history.

Each loan program has specific requirements which must be met.  All programs are available only to for-profit businesses or to property owners of those properties in program-targeted areas.  Funding requests should demonstrate that the money will help create jobs, eliminate blight or contribute to the economic development of that area.

For consideration, complete applications must be submitted by the first week of the month.  Once a complete application package is received, an analysis will be conducted and the funding request will be reviewed by the Loan Committee.  The Loan Committee will then make a recommendation to the LDC Board of Directors in its regular monthly meeting

DOWNLOAD AN APPLICATION (Adobe PDF - 195k)
DOWNLOAD A SMALL BUS. DISASTER LOAN APP. (Adobe PDF - 188k)
DOWNLOAD A PERSONAL FINANCIAL STATEMENT (Adobe PDF - 148k)

The LDC is an Equal Opportunity Lender.

Qualified individuals with disabilities will receive reasonable accommodations when requested in advance.