Fulton County, Ohio – As businesses across Fulton County continue to reopen, the Fulton County Economic Development Corporation (FCEDC) and the Heart Radiothon continue to partner to support small businesses through the Fulton County Mortgage, Rent & Utilities Business Loan Program.
Thus far, more than $17,000 has been raised for this program and two loans have been made to support small businesses with cash flow necessary to sustain their operations.
Businesses may receive up to $2,500 within 48 hours of receipt of their application for an operating loan with a 1% interest rate paid back in an eighteen month term. The first payment is deferred for 90 days. Any small business located in Fulton County interested in applying for this loan can find the one page application and guidelines at www.fcedc-ohio.com
As the loans are paid back, principal and interest will be contributed to the Fulton County Heart Radiothon, so that organization can purchase healthcare equipment and supplies for organizations in Fulton County. The FCEDC has decided not to charge any administrative fees for this process, so 100% of the funds are contributed to the Heart Radiothon.
Any individual or business interested in donating to this program may send a donation to Heart Radiothon – 1493 North Shoop Avenue, Unit B, Wauseon, Ohio 43567. Your donation is tax deductible.
“The COVID-19 pandemic has affected businesses and individuals in a variety of ways,” stated Matt Gilroy, Executive Director of the FCEDC. “Some people were challenged by working from home and supporting their childrens’ school work, while others were laid-off from their employer. Some employers experienced a sharp increase in sales, while others were completely shut down.
As we work through this process, we encourage you to consider supporting your community by supporting efforts like this loan program. In turn, this program will also support the healthcare institutions that we rely on to keep us safe and healthy. Individuals and businesses that would like to donate to support this cause may send a donation to the aforementioned address. Businesses that have questions about the loan or are seeking other information may contact the Fulton County Economic Development Corporation at (419) 337-9270 or firstname.lastname@example.org.”