Mendota has a Revolving Loan Fund (RLF) program offering an attractive interest rate (currently 5%) with reasonable terms for eligible projects. This loan was established with Community Development Assistance Program (CDAP) funds to spur job creation and/or retention. One full-time equivalent job must be created or retained for every $15,000 provided. Up to 50% of a project’s total costs are eligible, provided other program requrements are met. Industrial and commercial projects of any size can apply.
'For more information, please contact Emily McCo:
Phone: 815. 539-7459
Fax: 815.538.7029
Email: EMcConville@MendotaCity.com
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