0% Interest Loans
Businesses located in Dayton’s Source Water Protection Area may take advantage of this loan program to fund projects that reduce or abate contaminated groundwater resulting from normal business activities.
- Business must be located in the designated Source Water Protection Area.
Eligible Loan Uses
- Equipment acquisition
- Working capital
- No-interest loans
- An economical solution to environmental challenges
Maximum Loan Amount
- Up to 100% of eligible project costs
- Fixed asset: Useful life of asset up to 15 years
- Working capital: Up to 5 years
- As low as 0%
- Subordinated mortgage
- Personal guarantee of owner
$100 application fee plus out-of-pocket closing costs – i.e. legal, title, recording, etc.