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KY
KEDFA Direct Loan Program
Provides low-interest direct loans to companies creating jobs and making fixed-asset investments in Kentucky.
About this program
The KEDFA Direct Loan Program provides low-interest loans to businesses undertaking projects in Kentucky that create jobs and make fixed-asset investments. Loan proceeds may be used for eligible fixed assets such as land, buildings, machinery, equipment, and certain project costs, subject to KEDFA review and approval.
Eligibility
Eligible applicants are businesses making eligible fixed-asset investments and creating jobs in Kentucky, with projects that meet KEDFA underwriting and economic development criteria.
Requirements
- Company must undertake an eligible economic development project in Kentucky.
- Project must involve eligible fixed-asset investment.
- Project must create or retain jobs as required by KEDFA.