Funding Amount

$500 - $5,000,000

Deadline

Rolling / Open

Grant Type

foundation

Overview

PADD Loan Programs

Overview: The Purchase Area Development District lends to many businesses, from startups to multi-million-dollar expansion projects. The PADD Business Department has loan programs that allow businesses to seek financing for projects ranging from $500 to $5 million with flexible terms to fit business needs.

Supported Business Types:

  • New startups

  • Existing businesses

  • Rural businesses

  • Multi-million-dollar expansion projects
  • Loan Support Categories:

  • Working capital needs

  • Purchasing land, buildings, and/or equipment

  • Business expansion and job creation

  • Commercial real estate
  • Geographic Scope: Purchase Area Development District (8-county region in far western Kentucky)

    Contact Information:

  • Phone: 270.247.7171

  • Email: Available on website

  • Address: 1002 Medical Dr / PO Box 588, Mayfield, Kentucky 42066
  • Focus Areas & Funding Uses

    Fields of Work

    small-businessesstartups

    Categories

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