Business Loan Information

The South Central Oregon Economic Development District is pleased to partner with the Klamath Lake Regional Housing Center (KLRHC), the United States Department of Agriculture (USDA), the Oregon Business Development Department (OBDD), and the Economic Development Administration (EDA) to provide financing opportunities to businesses in Klamath and Lake Counties.

The purpose of these programs is to alleviate poverty and increase economic activity and employment in rural communities, especially disadvantaged and remote communities. The programs financing is targeted primarily towards smaller and emerging businesses, in partnership with other public and private resources, and in accordance with State and regional strategy based on identified community needs.

Please provide the information found in the business loan application about your project. We cannot begin the review process until you have submitted a completed application. In addition to the loan application materials, we may ask for more information, depending on project circumstances.

The loan approval process typically takes six to eight weeks. SCOEDD charges a $100 non-refundable application fee on select programs. Be sure and check with your personal bank first. This program does not substitute for appropriate bank financing.

If you have any questions, or would like more information about other financing tools available, please contact SCOEDD at 541.884.5593.