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Loan Programs

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Title
Port District Loan Program Announcement

Short Description
The Illinois Department of Commerce and Economic Opportunity (DCEO) announces a request for loan applications from the Port District Revolving Loan Program. DCEO is authorized by the Illinois Small Business Development Act (30 ILCS 750/9-11) a/k/a the Port Development Revolving Loan Program to provide loans to Illinois port districts to facilitate and enhance the utilization of Illinois' navigable waterways and the development of inland intermodal freight facilities. Up to $3 million loan funds will be made available on a competitive basis.

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Description

The Department requires applications for the Port District Revolving Loan Program to be received in DCEO’s Springfield office at the address below by close of business April 10, 2006 in order to be considered. Port District representatives may request a program description and loan application from the Business Finance Division at (217)782-3891.

Address applications to:
Department of Commerce & Economic Opportunity
Business Finance Division
620 E. Adams Street
Springfield, IL 62701

©2005 Illinois Department of Commerce and Economic Opportunity