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Small Business
The Missouri Linked Deposit Program partners with lenders to
provide low-interest loans to help create and retain Missouri jobs, expand the
economy and strengthen communities statewide.
IMPORTANT NOTICE
Effective April 21, 2011, Treasurer Clint Zweifel
has adopted the HELP system – the Harmed-area Emergency Loan Priority system – to expedite
Missouri Linked Deposit Program loan approvals. Borrowers in counties determined to have been
impacted by disasters will receive 24-hour approval of completed applications.
Visit the
HELP system page to learn more.
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The Missouri Linked Deposit Program for Small Business provides low-interest
loans to enable Missouri's small businesses to grow. Eligibility guidelines have
expanded to increase access to small business loans to companies with less than
100 full-time employees up from companies with less than 25 full-time employees.
Eligibility
- Headquartered in Missouri.
- Maintains operations and transacts business in Missouri.
- Employs less than 100 full-time employees.
- Borrower is organized for profit.
- Does not currently owe any unpaid, non-protested taxes to the State of Missouri or any political subdivision.
- Business has no unresolved environmental compliance issues with the Missouri Department of Natural Resources.
Loan Usage
Small business loan proceeds may be used for the following operating expenses:
- Inventory
- Rent, utilities, insurance or taxes
- Professional fees
- Equipment purchase, rental or lease
- Renovations, repairs and maintenance of equipment and facilities (paving, fencing, installation of loading docks, etc.)
- Purchase of land and buildings
Download a Small Business Loan Application to be completed with your lender.
Small Business Loan Application
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