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ABOUT LCEDC
In 1994, LCEDC submitted an application to USDA Rural
Development and secured a $1,000,000 revolving loan fund
to be utilized for business loans.
The purpose of this program is to assist businesses and
industries to maintain or expand employment opportunities
in Logan County. Loan funds may be used for equipment,
construction, working capital, purchase and development
of facilities and leasehold improvements.
The original USDA loan fund has been fully loaned out and
has revolved twice since 1994. Due to the success of this
program, we have secured additional funding from USDA,
and since the inception of LCEDC have helped 44 Logan
County businesses with loans for expansions and equipment.
206 jobs have been created and or saved by business loans.
LCEDC has been a catalyst for growth in the region with
funding provided for new business startups, business
expansions and business retention. Many times LCEDC
partners with local financial institutions to provide matching
funds, and/or with state or federal programs to complete
funding structures for local projects.
Our service region includes counties as follows:
Atoka, Choctaw, Coal, Garfield,
Hughes, Jefferson, Kingfisher, Logan, Lincoln, McCurtain,
Noble, Okfuskee, Payne, and Woods
Development and secured a $1,000,000 revolving loan fund
to be utilized for business loans.
The purpose of this program is to assist businesses and
industries to maintain or expand employment opportunities
in Logan County. Loan funds may be used for equipment,
construction, working capital, purchase and development
of facilities and leasehold improvements.
The original USDA loan fund has been fully loaned out and
has revolved twice since 1994. Due to the success of this
program, we have secured additional funding from USDA,
and since the inception of LCEDC have helped 44 Logan
County businesses with loans for expansions and equipment.
206 jobs have been created and or saved by business loans.
LCEDC has been a catalyst for growth in the region with
funding provided for new business startups, business
expansions and business retention. Many times LCEDC
partners with local financial institutions to provide matching
funds, and/or with state or federal programs to complete
funding structures for local projects.
Our service region includes counties as follows:
Atoka, Choctaw, Coal, Garfield,
Hughes, Jefferson, Kingfisher, Logan, Lincoln, McCurtain,
Noble, Okfuskee, Payne, and Woods
ABOUT THE LOGAN COUNTY ECONOMIC
DEVELOPMENT COUNCIL
REVOLVING BUSINESS LOAN FUND
DEVELOPMENT COUNCIL
REVOLVING BUSINESS LOAN FUND
| OUR MISSION |
The mission of Logan County Economic
Development Council is to promote and
expand the economic base of Logan County
Oklahoma by providing assistance with
community, state and federal resources
that will stimulate the growth of Logan
County's economy.
Development Council is to promote and
expand the economic base of Logan County
Oklahoma by providing assistance with
community, state and federal resources
that will stimulate the growth of Logan
County's economy.
The LCEDC was incorporated in 1985 by business
and industry leaders in Logan County with the following
specific objectives:
and industry leaders in Logan County with the following
specific objectives:
Manage a revolving loan fund for financial startup, growth
and expansion of businesses in north central Oklahoma
Assist cities in Logan County with public sector funding for
infrastructure inprovements
Identify and make available state benefits and incentives to
new and existing businesses
Provide assistance with community, state and federal
resources to provide grants and/or low interest loans for
diversified industrial and economic activity
and expansion of businesses in north central Oklahoma
Assist cities in Logan County with public sector funding for
infrastructure inprovements
Identify and make available state benefits and incentives to
new and existing businesses
Provide assistance with community, state and federal
resources to provide grants and/or low interest loans for
diversified industrial and economic activity
LCEDC / 212 WEST OKLAHOMA / GUTHRIE, OK 73044 / 405.282.0060 / kaywade@logancountyedc.com
Spring Wheat on Highway
74C between
Mulhall and Crescent
74C between
Mulhall and Crescent
Click the Star
For Information
about applying
for an LCEDC Loan
For Information
about applying
for an LCEDC Loan
Logan County
Oklahoma is a
perfect blend of
small town lifestyle
and big business
opportunities.
Oklahoma is a
perfect blend of
small town lifestyle
and big business
opportunities.