Clallam EDC: Clallam County Economic Development Council"

STREET ADDRESS 905 W 9th Street Port Angeles, WA 98363
PHONE T: 360.457.7793

Business Info

Financial Resources

There are several state and federal funding sources available to new and expanding businesses in Clallam County.

Locating your business in Clallam County may qualify for one of these financing opportunities.

 

Financial Resources

Quick Links

sba Loan Guarantees

SBA Loan Guarantees

The U.S. Small Business Administration does not offer grants to start or expand for-profit business. It does offer a wide variety of loan programs.  

Small Business Administration loans and loan guarantees are packaged by a private lender, not the state.  SBA loans can be used for working capital, equipment, and building acquisition/construction. SBA 504 loans can be used for fixed asset acquisition for projects that create jobs.  See link below for more information about the SBA and a Guide to the SBA Loan Guarantee Program.

Grants for Small Business Assistance Organizations

The SBA grants are designed to expand and enhance organizations that provide small business management, technical, or financial assistance. These grants generally support non-profit organizations, intermediary lending institutions, and state and local governments.

SBA information for borrowers

 

When we had trouble finding any funding in 1985, the EDC helped in being able to secure other loans and financing to get us through (the start-up). The EDC has really helped us a couple of times.Quote Close Randy Johnson, president