Economic Development Revolving Loan Fund – Wheeling, West Virginia

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Quick Reference

Areas Served: City of Wheeling

The EDRLF is a CDBG funded loan program, which provides low interest, gap financing to businesses that create employment opportunities primarily for the unemployed or underemployed residents of the city.

Applicants may request between $15,000.00 and $300,000.00, but EDRLF funds cannot exceed 40% of the total project coSt. At least one permanent job must be created for every $35,000.00 that is borrowed; and 51% of all created jobs must be held by low- to moderate-income city residents.

Contact Information
Wheeling, West Virginia
Address: 1500 Chapline Street
City: Wheeling
State: West Virginia

Website: http://www.wheelingwv.gov/forresidents.php?id=165

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