Economic Development Loans
Economic Development Loans Reach $1.2 Million Mark
Our Board of Directors received special recognition from the City of Salem during a recent board meeting for:
- Its support of the USDA Rural Economic Development Loans & Grants program
- 2 low-interest rural development loans totaling $360,000
We administer low-interest loans from revolving funds to business development projects in electric cooperative communities.
Business Oregon
Business Oregon is an economic development partner with Laurelhurst G&T Cooperatives that helps build a rural Oregon economy that is:
- Sustainable
- Resilient
- Celebratory of diverse cultures
Business Oregon helps small businesses with:
- Grants
- Loans
- Tax incentives
- Equity investments
Learn more by visiting the Business Oregon website.