Funds available for COVID-impacted businesses

Funds have been made available through the Economic Development Administration to assist COVID-impacted businesses in the Lake Cumberland area with working capital needs. Loans will range from a minimum of $10,000 to a maximum of $100,000. Loans will have a 5 year term with a 2% fixed interest rate. Loan requests will be considered based on need, funding availability and credit worthiness.

Impacted businesses are invited to apply for loan funding under the program by contacting:

Waylon Wright
Director of Community/Economic Development
Lake Cumberland Area Development District
Post Office Box 1570
Russell Springs, Kentucky 42642
(270)866-4200, [email protected]

About Zac Oakes 3353 Articles
Zac Oakes is the News and Sports Director for LakerCountry.com and Laker Country WJRS 104.9 FM.