For-profit businesses seeking additional capital for job creating projects may be eligible. Merced County businesses can be organized as an individual proprietorship, partnership, corporation or a cooperative to apply
for the RLF.
One permanent job must be created or retained per $10,000 RLF dollars loaned for EDA and $25,000 RLF dollars loaned for CDBG. Business projects involving fewer jobs than required but having a positive economic impact may still be funded. Preference will be given to small businesses that create permanent jobs involving skills related to manufacturing and industrial production service, ag-related businesses, businesses with government procured contracts, and women and minority owned businesses who have received technical assistance from our office.