The Sabine Parish Chamber of Commerce is accepting applications for Revolving Loans. The main purpose of the Revolving Loan Program is to create new jobs or to retain existing jobs which would otherwise be terminated.
Eligible projects include:
- Acquisition of land for industrial or commercial use;
- Acquisition of properties with redevelopment potential for industrial or Commercial use;
- Start-up or expansion of a business in the community;
- The rehabilitation and renovation of useable vacant buildings for specific Industrial or commercial use.
Ineligible projects include speculative programs, loans to retire existing debt, and any business activity located outside of Sabine Parish.
Eligible costs include:
- Land costs and development;
- Building construction and/or rehabilitation;
- Machinery/equipment purchase or lease;
- Infrastructure development, including water lines, sewer lines and access roads;
- Inventory acquisition;
- Operating capital
For additional information about the loans, including conditions, terms, and an application, CLICK HERE. (You will need Adobe Acrobat Reader to view this document. If you do not have it, it is a free program and can be downloaded by going to THIS SITE )
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