Greater Eastern Oregon Development Corporation

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GEODC Serves the following regions:

Program

Uses

Amount

Terms

Service Area

SBA 504

-         Land/Bldg Acquisition

-         New Construction

-         Equipment, Fixtures and Machinery

Not to exceed 40% of project cost

* * * * * * *

Loan Range $100,000 - $1,500,000

10 or 20 Years

 * * * * *

Life of Asset 

All of Oregon

Rural Development

Intermediary Relending Program (IRP)

 

-         Land/Bldg Acquisition

-         New Construction

-         Equipment, Fixtures and Machinery

-         Inventory, Supplies and Working Capital

Not to Exceed 75% of total Project

 * * * * * * *

Loan Range $5,000 - $150,000

Life of Asset

  * * * * *

Working Capital terms set at closing

Gilliam

Grant

Harney

Malheur

Umatilla

Wheeler

Economic Development Administration (EDA)

 

-         Land/Bldg Acquisition

-         New Construction

-         Equipment, Fixtures and Machinery

-         Inventory, Supplies and Working Capital

Not to exceed approx. 1/3 of total project cost

 * * * * *

Loan Range: $5,000 - $100,000

Life of Asset

  * * * * *

Working Capital terms set at closing

Gilliam

Grant

Morrow

Umatilla

Wheeler

Regional Strategies

-         Fixed Assets

-         Land/Bldg Acquisition

-         New Construction

-         Equipment, Fixtures and Machinery

-         Inventory, Supplies and Working Capital

Loan Range: $1,000 - $100,000

Set at closing

Baker

Gilliam

Grant

Harney

Malheur

Morrow

Wheeler

Microbusiness Revolving Loan Fund

-         Land/Bldg Acquisition

-         New Construction

-         Equipment, Fixtures and Machinery

-         Inventory, Supplies and Working Capital

 

Not to exceed $10,000

 

Life of Asset

  * * * * *

Working Capital terms set at closing

 

Gilliam

Grant

Harney

Malheur

Morrow

Umatilla

Wheeler

 

Native American Entrepreneurial Revolving Loan Fund

-    Land/Bldg Acquisition

-    New Construction

-    Equipment, Fixtures and Machinery

-    Inventory, Supplies and Working Capital

 

Not to exceed $20,000

 

Life of Asset

  * * * * *

Working Capital terms set at closing

 

Gilliam

Grant

Harney

Malheur

Morrow

Umatilla

Wheeler

 
Contact Information:
Telephone
(541) 276-6745
FAX
(541) 276-6071
Postal address
P. O. Box 1041, Pendleton, OR 97801
Electronic mail
Information:
melisa.drugge@geodc.net
Loans:
rex.baker@geodc.net
  

 Contact Us

Board of Directors

Staff

Contact Us

Calendar

Loans

GEODC Loans

SBA 504 Loans

FAQs

Regions Served

 

 

Services

SRA

SRA Minutes

Morrow N&I

SEACT

NEA

Strategic Plans

 

 

CEDS

 

Partners

 


Copyright © 2009 - 2010 Greater Eastern Oregon Development Company
Last modified: 09/17/10

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