Small Business Loan Fund

The Logan County Economic Development Council Revolving Business Loan Fund is a $3,250,000 revolving loan fund to be utilized for business loans.

The purpose of this program is to assist businesses and industries to maintain orexpand employment opportunities in Logan County. Loan funds may be used for equipment, construction, working capital, purchase and development of facilities and leasehold improvements.

Counties we serve:

Atoka • Choctaw • Coal • Garfield Hughes • Jefferson • Kingfisher • Logan • Lincoln • McCurtain • Noble • Okfuskee • Payne • Woods

The original USDA loan fund has been fully loaned out and has revolved several timessince 1994. Due to the success of this program, we have secured additional funding from USDA, and since the inception of LCEDC have helped 86 Logan County businesses with loans for expansions and equipment. Approximately 1,200 jobs have been created and or saved by business loans.

LCEDC has been a catalyst for growth in the region with funding provided for new business startups, business expansions and business retention. Many times LCEDC partners with local financial institutions to provide matching funds, and/or with state or federal programs to complete funding structures for local projects.

Get Started

Tell us about your great idea and we will contact you soon with the more information about applying for the loan fund!

Download the full application form.