Revolving Loan Fund

The Swayzee Economic Development Corporation has partnered with the USDA to provide low-cost financing options for local businesses and entrepreneurs who support the economic development of Swayzee. Currently, funds are limited with a total of $32,500 available on a first-come, first-served basis. To request more information or to apply, fill out our contact form or call Don Thompson, president of the SEDC, at (765) 661-2946.

Fund Uses

  • Land acquisition or improvement
  • Building construction, acquisition, or improvements
  • Renovations or restorations
  • Purchase of equipment with a life of 7 years or longer

Eligibility Requirements

  • Must be a for-profit corporation, partnership, or proprietorship
  • Located in Swayzee (or nearby)
  • Create and/or retain jobs
  • Have fewer than 50 employees
  • Provide personal guarantees of the debt