Revolving Loan Fund
In 1999 Columbia REA established a Revolving Loan Fund. This program allows local businesses to apply for funds for various economic development projects based on a set of criteria.
In 2001, Columbia REA loaned $150,000 to a local Internet company for a Broadband build-out. The project was completed and the loan was paid back in 2003.
Currently Columbia REA has over $250,000 in funds available for local economic development loans. If you would like more information on this program please contact us at 509-382-2578.