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If you love the outdoors, there’s plenty to do in the region. Right here in Phelps County you’ll find a YMCA, bowling alley, movie theater, restaurants, 800-seat performing arts theater, two golf courses, many parks, swimming pools, and yes, even sky-diving.

Financial Assitance for Local Businesses

 

Always start with your local banker!

Click here to see a list of our friendly local lenders below


GO! Business Programs

Steps to Start Up Program Click Here

Next Steps Loan Program

  • Zero to 2% short-term loans (1 – 3 years) to help existing businesses expand their customer base, inventory or to improve operations.
  • Staff will work with projects to identify needs and measurement criteria.

Building Improvement Program

  • Low interest loans for significant commerical building renovation projects, including windows, sidewalks, parking or other exterior improvements.
  • Building must be owner-occupied and intended for business use.
  • Interest rate established at half of market-rate or minimum of 2%.
  • Projects will have applied for USDA Energy Efficiency Grant prior to application for Owner-Occupied Building Improvement program.

Legacy Loan Program

  • Long-term gap financing loans to facilitate ownership transition of existing businesses. (loan percentage is subject to adjustment based on market conditions.)
  • Funds may be used for equipment, improvements, or purchase of a business.
  • PCDC funds will not exceed 50% of the total capital costs.
  • Funds may not be used for working capital. 

Gap Financing Loans

PCDC can sometimes take the risk that a bank cannot to supplement the financing needed for a business to expand, start up or, or transition. Gap Financing is defined as the difference between the cost of a project and the combination of money available from the owner and the bank. 

Project cost - Owner’s Equity - Bank Financing = Gap

To apply for a PCDC loan, click here to download an Application.


Rural Entrepeurs Assistance Project - REAP Loans

Loans for small businesses are available through the Center for Rural Affairs.

Contact Dena Beck, Senior Project Leader for the South Central Region
Ph: 308.528.0060
Email: denab@cfra.org

 

Business Directory



Bruning State Bank

1224 Hill Street
PO Box 315
Holdrege, NE 68949
United States
(P) 68949


Business Category: Loan Resources, Financial Institutions


First State Bank - Loomis

211 Commercial St.
P.O. Box 230
Loomis, NE 68958
United States
(P) (308) 876-2451


Business Category: Loan Resources, Financial Institutions


First State Bank of Holdrege

401 East Avenue
PO Box 800
Holdrege, NE 68949
United States
(P) 308-995-4411


Business Category: Loan Resources, Financial Institutions


FirsTier Bank

229 W 4th Ave
Holdrege, NE 68949
United States
(P) 308-995-9595


Business Category: Loan Resources, Financial Institutions


Great Western Bank

424 West Ave
Holdrege, NE 68949
United States
(P) 995-6531


Business Category: Loan Resources, Financial Institutions


Home Federal

423 Garfield Street
Holdrege, NE 68949
United States
(P) (308) 995-8668


Business Category: Loan Resources, Financial Institutions


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