This new loan program will offer below-market-rate loans to our qualifying downtown Main Street Gardnerville businesses.  The U.S. Department of Agriculture Rural Development has funded the program with $56,000, which will get things rolling with a handful of loans not to exceed $10,000 each, with an interest rate of 4 percent. Eligible business owners can use the funding to renovate their facilities, expand their operations, or do something else that improves their business and the downtown atmosphere.

Program Highlights:
4% Interest
Loans available in amounts from $1,500-$10,000
Repayment: 1-5 years
No pre-payment penalty

Eligible Uses:
Signs and awnings
Remodeling or rehabilitation of the interior or exterior of a building
Purchase of additional equipment or fixtures
Purchase of additional inventory
Working capital
Business expansion
Leveraging with other grants, energy conservation, etc.

Links for more information:

Request for Environmental Information

Loan Application

Loan Requirements

Loan Guidelines

District Map

Main Street Gardnerville is a non-profit corporation and an equal opportunity provider.