Funding Sources

Possible opportunities for financing and investment:

  • Tax Incremental Financing (TIF): Evaluation x Levi (4.4%) x 10 years x 75%
  • IDED Loans, 0% Loans, and Grants
  • New Market Tax Credits
  • Southern Iowa Electric Coop (SIEC) Revolving Loan Fund from the sale of the Spec Building, up to $325K
  • Southern Iowa Electric Coop (SIEC) Current Revolving Loan Fund, up to $100K
  • Opportunity¬≤ Revolving Loan Fund, up to $150K   ($7,500 per job maintained or created)
  • Davis County Development Corporation Revolving Loan Funds (2)
  • Bank Loans from four (4) Local Banks
  • SBA or USDA Guaranteed Loans
  • Local Investors
NONE OF THESE FUNDS ARE AUTOMATIC FOR THE ASKING 
but they are available and have been used many times before.
 

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MPA Computers

With DCDC's assistance, MPA Computers has continued to expand.

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