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The Rural Revolving Loan Fund (RRLF)The Rural Revolving Loan Fund (RRLF) administered by the Sierra Economic Development Corporation (formerly Sierra Economic Development District SEDD) encourages business and community development in the rural communities within the seven county rural service area (Modoc, Lassen, Plumas, Sierra, Nevada, Placer, and El Dorado counties). (Geographic restrictions apply). Business development may include business start-ups, expansions, or retention projects. All of these loans will be leveraged with private funds such as bank loans or owners' equity. Loan Amount: Up to $ 150,000 Interest Rate: Prime + 2 Call SEDCorp for full loan description, credit and underwriting criteria at 530-823-4703. |
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