Grow Leavenworth County Low-Interest Loan Program
Network Kansas was established as a component of the Kansas Economic Growth Act of 2004 to further Entrepreneurship and small business growth as a priority for economic and community development in the State of Kansas.
Grow Leavenworth County Development Corporation is a Network Kansas E‐Community member and makes loans to Entrepreneurs for new business and expansion within the limits of Leavenworth County. E‐community loans cannot exceed $75,000. Terms of the loans cannot exceed one hundred eighty (180) months or fifteen (15) years. Annual percentage rate guidelines for the loan are as follows (The board of directors reserves the right to assign an interest rate based on business background, financials, and more qualifying information): 0-5 years in term – 0.5% APR 5-10 years in term – 1 % APR 10- 15 years in term – 2% APR.
Matching Funds Requirement
By statue the Network Kansas Program requires a 40 percent matching funds from a public source such as a financial institution bank loan.