SPCC Small Business Loan Program
The Sabine Parish Chamber of Commerce is thrilled to announce the opening of applications for our Revolving Loan Program – a strategic initiative designed to stimulate economic growth, create new employment opportunities, and safeguard existing jobs that are critical to our community’s vitality.
Who Can Benefit?
We invite applications for projects that align with our mission to enhance the local economy.
Eligible Ventures
- Land Acquisition: for industrial or commercial development.
- Property Redevelopment: Potential for industrial or commercial use.
- Business Development: Launch or expand enterprises that contribute to our vibrant
community. - Building Rehabilitation: Revitalize vacant structures for industrial or commercial purposes.
Projects Not Eligible for Funding
To maintain the integrity of our program, the following are not eligible:
- Speculative Building Projects
- Loans to Retire existing debt
- Any business activity located outside of Sabine Parish
Eligible Costs
- Land Costs and Development
- Building Construction and or rehabilitation
- Machinery/Equipment purchase or lease
- Infrastructure development, including water lines, sewer lines and access roads
- Inventory Acquisition
- Operating Capital
Loan Requirements
Interested applicants should be aware of the following conditions:
- A non-refundable application fee of $75.00 must accompany your application.
- Revolving Loan Funds may cover a maximum of 75% of the total project cost.
- All loans will be secured, ensuring responsible lending practices.
- Recipients are required to join the Sabine Parish Chamber of Commerce before the loan
funds are disbursed.
We are committed to supporting the growth and sustainability of our local businesses. If you have questions or need assistance with your application, please reach out to the Sabine Parish Chamber of Commerce today.
Together, let’s build a brighter future for Sabine Parish!