Business Revolving Loan Fund (Economic Development Loans)
Funding Amount
Not stated
Deadline
Rolling (quarterly review)
Grant Type
Foundation
Deadline history & next window
- Cycle
- Rolling — applications accepted year-round
- Tracked since
- April 2026
Source: the cycle recorded on this listing. Confirm dates with the funder.
Can we apply?
Check your organization against each line. Taken from the listing; confirm with the funder's guidelines.
Other requirements
- Recipients must generate 1 FTE (Full-Time Equivalent) job for a low- or moderate-income person for each $35,000 loaned
- Businesses in Downtown Special Improvement District have special qualifications
- Funding Source: City of Bowling Green's CDBG entitlement grant funds
Overview
Business Revolving Loan Fund
The City's Revolving Loan Fund (RLF) provides loans to businesses for start-ups and expansions which result in more jobs for low- and moderate-income persons. The RLF supplements private funding for businesses.
Geographic Scope: City of Bowling Green, OH; special qualifications available for Downtown Special Improvement District
Focus Areas: Business start-ups and expansions resulting in job creation
Eligibility Requirements:
- Recipients must generate 1 FTE (Full-Time Equivalent) job for a low- or moderate-income person for each $35,000 loaned
- Businesses in Downtown Special Improvement District have special qualifications
Funding Source: City of Bowling Green's CDBG entitlement grant funds
Loan Terms:
- Interest Rate: 0%
- Loan Period: 3-5 years
Purpose: Helps reduce poverty in the City by supporting job growth
Contact Information:
- Phone: 419-354-6203
- Email: cd@bgohio.org
- Address: Community Development, 305 N Main Street, Bowling Green, OH 43402
Past recipients of this program
Recent awards under this program (from Bowling Green Community Development Foundation's IRS filings)
Centaur Tool & Die
Bowling Green, OH · 2020
$10K
1 grant in Bowling Green Community Development Foundation's 2020 filings reference “Business Revolving Loan Fund” in their stated purpose. Amounts and places as reported by the funder.
What Bowling Green Community Development Foundation actually gave
Source: IRS Form 990, 2024
- Grants in 2024
- 1
- Total given
- $27K
- Median grant
- $27K
- By dollars: Ohio 100%. Top recipient cities: Bowling Green, OH.
Example grants
Montessori School of BG · Bowling Green, OH
Energy eff loan
$27K
Focus Areas & Funding Uses
Fields of Work
- Small businesses
- Community development
- Workforce development
Categories
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