Black Hawk Economic Development, Inc. (BHED) is a non-profit economic development organization that provides economic development assistance for business start-up, expansion, and/or retention projects. The organization was founded in 1978 in response to the challenging regional economic climate of the late 1970’s and 80’s. It has since evloved into a multi-faceted economic development organization steeped in tradition and poised to meet the challenges of the 21st century economy.
Black Hawk Economic Development, Inc. offers two loan programs that provide financial assistance to small businesses in the State of Iowa.
The SBA 504 Loan Program is an economic development program designed to facilitate capital investment and job creation and/or retention. Eligible projects include acquisition of fixed assets, building improvements, and equipment with a minimum useful life of 10 years. Long-term (up to 20 years), favorable fixed interest rate financing is available for up to 90% of the cost of a qualifying project.
The two Revolving Loan Fund (RLF) Programs that provide financing at favorable interest rates to facilitate small business startups, expansion and/or retention projects. RLF financing is typically subordinate to bank financing and makes up the "gap" or short-fall in the required equity portion of a project. Eligible uses of funds include fixed assets acquisition and working capital.
Company Details
- Employees
- 6
- Founded
- -
- Address
- 1001 Peoples Sq, Waterloo,iowa 50702,united States
- Industry
- Economic Programs
- NAICS
-
Administration of Economic ProgramsAdministration of General Economic ProgramsRegulation and Administration of Transportation ProgramsRegulation and Administration of Communications, Electric, Gas, and Other UtilitiesRegulation of Agricultural Marketing and CommoditiesRegulation, Licensing, and Inspection of Miscellaneous Commercial Sectors
- Website
- https://www.bhed.org/
- HQ
- Waterloo, Iowa
Black Hawk Economic Development, Inc. Questions
Black Hawk Economic Development, Inc.'s website is https://www.bhed.org/
Black Hawk Economic Development, Inc.'s LinkedIn profile is https://www.linkedin.com/company/black-hawk-economic-development-inc
Black Hawk Economic Development, Inc. has
6 employees.
View email and phone details for 6
employees at Black Hawk Economic Development, Inc..
Black Hawk Economic Development, Inc.'s industry is
Economic Programs
Black Hawk Economic Development, Inc.'s top competitors are
First Bank Of The Lake,
Structure Real Estate,
Fortress Bank,
West Bank,
Two Rivers Bank & Trust,
Adams Bank & Trust,
State Savings Bank (West Des Moines, Ia),
Homeservices Lending, Llc,
Montana Fabrication Works,
Midwest Heritage, A Hy-Vee Company.
Black Hawk Economic Development, Inc.'s categories are Economic Programs
Black Hawk Economic Development, Inc.'s founding year is 1978
