Small Business Loans Program
On January 13, Governor Nixon signed Executive Order 09-03, which directs the Missouri Department of Economic Development to work with the Missouri Development Finance Board (MDFB) to create a pool of funds designated for low-interest and no-interest direct loans to small businesses. The pool of about $2 million, expected to come from participation fees collected on MDFB contribution tax credit program income, will be enough to provide 80 loans of $25,000 each to small business owners across to state. Implementation of the loan program is currently pending.To leave your name and contact number to gain additional information when details are available, please click here and complete and submit the information. We will contact you directly as details develop.