Financial Assistance for Local Businesses

Always start with your local banker!

Click here to see a list of our friendly local lenders below


GO! Business Programs

Economic Recovery Grants

Program  

Magic Multiplier Gift Card Grant SUSPENDED as of Friday 4/17

 

Digital Development Grant

Up to $1,000

 


Steps to Start Up Program

Program  
Low interest loans are available for clients who complete the Steps to Start Up Program through PCDC.  

 

Building Exterior Impact Grant TEMPORARILY SUSPENDED

Program  
  • Up to $1,000 matching grant to improve building exteriors.
  • Limited funds are available and may be applied to projects that are impactful at any location within corporate boundaries of any Phelps County municipality.
  • Grants are for materials only, not labor.
 

 

Next Steps Loan Program

Program  
  • Zero to 2% short-term loans (1 – 3 years) to help existing businesses expand their customer base, inventory or to improve operations.
  • Staff will work with projects to identify needs and measurement criteria.
  • Contact PCDC for more information
 

 

Legacy Loan Program

Program  
  • Long-term gap financing loans to facilitate ownership transition of existing businesses. (loan percentage is subject to adjustment based on market conditions.)
  • Funds may be used for equipment, improvements, or purchase of a business.
  • PCDC funds will not exceed 50% of the total capital costs.
  • Funds may not be used for working capital.
 

 

Gap Financing Loans

Program  

PCDC can sometimes take the risk that a bank cannot to supplement the financing needed for a business to expand, start up or, or transition. Gap Financing is defined as the difference between the cost of a project and the combination of money available from the owner and the bank. 

Project cost - Owner’s Equity - Bank Financing = Gap

To apply for a PCDC loan, click here to download an Application.

 

 

Rural Entrepeurs Assistance Project - REAP Loans

Program  
Loans for small businesses are available through the Center for Rural Affairs.

Contact Craig Eberle, Loan Specialist
Ph: (402) 736-4417
Email: craige@cfra.org

 

 

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Search Results (6)

Bruning Bank

1215 Burlington Street
PO Box 315
Holdrege, NE 68949
United States
(P) 68949

Business Category: Loan Resources, Financial Institutions

First State Bank - Loomis

211 Commercial St.
P.O. Box 230
Loomis, NE 68958
United States
(P) (308) 876-2451

Business Category: Loan Resources, Financial Institutions

First State Bank of Holdrege

401 East Avenue
PO Box 800
Holdrege, NE 68949
United States
(P) 308-995-4411

Business Category: Loan Resources, Financial Institutions

FirsTier Bank

229 W 4th Ave
Holdrege, NE 68949
United States
(P) 308-995-9595

Business Category: Loan Resources, Financial Institutions

Great Western Bank

424 West Ave
Holdrege, NE 68949
United States
(P) 995-6531

Business Category: Loan Resources, Financial Institutions

Home Federal

423 Garfield Street
Holdrege, NE 68949
United States
(P) (308) 995-8668

Business Category: Loan Resources, Financial Institutions

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