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Does the SBDC give business loans or grants?

April 26, 2017Business Grants Loans SBDC

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Does the SBDC give business loans or grants?

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The Springfield SBDC does not provide any grants. However, we do administer several economic development loan programs for the City of Springfield, Ohio, Clark County, Ohio and a loan program specifically designed for day care providers. Through an associated company, Clark County Development Corporation, we administer the SBA 504 Loan Program. These loans generally require the participation of a commercial lender for 50% to 60% of the projects cost.