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Economic Development Loan Program |
The Canton Community Improvement Corporation (CCIC) provides loans for financing fixed assets such as real estate, machinery, and equipment.
Jobs must be created as a result of the loan, averaging $5,000 per job. 51% or more of the new employees must be in the low to moderate income category. A typical loan structure would be 20% owner equity, 40% private financial institution, 40% CCIC. Projects must comply with City building and zoning code.
Contact:
Mandwel Patterson
Canton Community Improvement Corporation
218 Cleveland Ave SW - 5th Floor
Canton, OH 44702
(330) 489-3344