The Economic Development Agency for Montgomery County, KS
Montgomery County Action Council (MCAC) is the economic development agency for Montgomery County, Kansas. Our organization works collaboratively with local and regional partners to attract new business investment, encourage the expansion of existing industry and small businesses, align workforce education and training with in-demand jobs, locate new markets for Montgomery County products, and plan and mobilize resources for economic development.
MCAC IS WORKING TO RESPOND QUICKLY TO THE COVID-19 PANDEMIC. BELOW ARE RESOURCES FOR YOUR BUSINESS:
HIRE FUND (HOSPITALITY INDUSTRY RELIEF EMERGENCY FUND)
Provides a one-time loan of up to $20,000 at 0% interest for a period of 36 Months. There will be no principal or interest payments for the first four months.
MONTGOMERY COUNTY CDBG SMALL BUSINESS RELIEF LOAN FUND
For small businesses not covered under the HIRE program above, we have limited funds available for rapid response working capital loans for businesses affected by COVID-19. We have very limited funds, so these funds will be disbursed in small amounts, to help as many businesses as possible. These loans for for businesses with 5 or fewer employees, including owners. Terms will be likely set at 36 months at 1% interest. There will be no principal or interest payments for the first four months. The first round of applications will be considered on Monday, March 23rd.
To apply click the link below.