Financial aid is crucial in the present scenario. Business owners have to know about them. Marshall County business owners who may have been affected due to the health pandemic may apply for up to $7,500 in financial assistance with the Marshall County Crossroads Micro-Loan Program.
Qualifying criteria may include assistance with employee salaries, operational expenses, working capital, continuing business operations, and/or to support remote work. It is also best to view here for the best business related questions and advices.
Applications can be found at any municipal Clerk-Treasurer’s office, with any township trustee, or by contacting the Marshall County Economic Development Corporation. The application must be submitted through the MCEDC for processing.
Employers who apply for assistance and retain the employees for two years will have the micro-loans converted into grants.
Funding for the Marshall County Crossroads Micro-Loan Program is possible through the second phase of COVID-19 grant funds through the Indiana Office of Community and Rural Affairs in the amount of $250,000.
For more information, contact Greg Hildebrand at the MCEDC at 574-935-8499.
