Rural Growth Incentive Program Emergency Loans – Loans
Agency / Department: Rural Growth Incentive Program Emergency Loans
Resource: Loans
Details: Under this program, the Department may declare an emergency and make loans to “Essential Service Companies.” These include gas stations; pharmacies; grocers and, in some cases, restaurants.
Communities with less than 2,500 in population are eligible
The request to North Dakota Development Fund is a dollar-for-dollar match by the city
A community can apply for $25,000 to $75,000 in matching funding
Loan terms are based on individual needs