Revolving
Loan Fund
In 1999 Columbia REA established a Revolving Loan Fund. This program
allows local businesses to apply for funds for various economic
development projects based on a set of criteria.
In 2001, Columbia
REA loaned $150,000 to a local Internet company for a Broadband
build-out. The project was completed and the loan was paid back
in 2003.
Currently Columbia REA has over $250,000 in funds available for
local economic development loans. If you would like more information
on this program please contact us at loanfund@columbiarea.com or
call
509-382-2578. |
