Business Investment Program/Economic Development Fund (EDF) | Lakewood City Of - Department Of Planning And Development
12650 Detroit Ave., Lakewood City Hall, Lakewood, OH 44107
Open to any legal business located in Lakewood or seeking to locate in Lakewood that provides a good or service for sale and has the demonstrated capacity to obtain credit on the private market under usual and customary terms.
Detailed description of the project beyond submitted Business Plan
Project cost summary and cost estimates
Company's projected pro forma statements for the project
Projections of additional and/or retained employment numbers, payroll amounts, and supporting information for the project
Participation of other private and public-sector sources in the project
Three years of historical Financial Statements (Balance Sheet, Income Statement, Statements of Cash Flow)
Interim Financial Statements (not more than 90 days old)
Personal Financial Statements, if applicable
Information regarding job creation and/or retention.
M-F: 8:00am-4:30pm
(216) 529-6630
Voice
There is open application. Call M-F: 8:00am-5:00pm to obtain details of the process.
Reimbursement of title costs, recording fees, and any other costs or fees including legal expenses necessary to close financing.
United States
Description
Provides low interest loans which will give needed and appropriate assistance and support to companies investing in Lakewood in order to foster redevelopment efforts, increase jobs, generate new tax revenue and provide for physical improvements in Lakewood.
Data provided by
211 Cleveland
What's Here
Providing organization
Lakewood City Of - Department Of Planning And Development
Coordinates activities designed to retain existing businesses and attract new businesses to the city.