Some of the small business resources available to Geary County residents.

Visit sba.gov for more information on…
Planning your business  - You've got a great idea. Now, make a plan to turn it into a great business.
Launching your business - Turn your business into a reality. Register, file, and start doing business.
Managing your business - Run your business like a boss. Master day-to-day operations and prepare for success.
Growing your business - When business is good, it's time to expand. Find new funding, locations, and customers.
And more!

Geary County E-Community Loan Application

The Geary County E-Community program was created through the Kansas Center for Entrepreneurship Tax Credit Program.  It is a project to encourage entrepreneurial activity in the communities of Geary County. Qualifying entrepreneurial projects may include startup businesses, as well as existing business purchases and/or expansions. The E-Community loan requires at least 40 percent of the amount being financed to be provided by a bank or similar source. This loan program capped its involvement at a 60 percent investment. The minimum loan request is $5,000 with a $50,000 maximum amount available per applicant business.

Funding Example: Assume the applicant needs a total of $60,000.  Also, assume the applicant is providing $10,000 of their own capital.  Of the remaining $50,000 needed, the E-Community can provide no greater than 60% of that gap (in this case, the 
E-Community funds could be no more than $30,000 of the $50,000 needed).  The other 40% minimum (in this case, $20,000 of the $50,000 needed) must come from a financial institution (defined as a bank or credit union) and/or a local/regional public source of capital (defined as city/county revolving loan fund, microloan, Certified Development Company funds, USDA, IWW Main Street, Community Foundation).  In this way, the E-Community funds “match” other loans. Note: A line of credit at a bank can count as the match, however, the only amount that can qualify as the match is the amount that is drawn down at the time of the E-Community loan application. (This tends to cause confusion so please ask for further explanation).

JC 1st SMALL BUSINESS LOAN 
•    Maximum amount of loan will be $15,000.
•    Loan rate, terms and collateral requirements will be decided by the loan committee (JC 1st Board) on a per-project basis.
•    See checklist for required documents to be submitted with application. The loan committee may request further documents or a presentation from the applying business.
•    Applying businesses must be located in Geary County and have fewer than 50 employees.
•    As part of the submission process, applicants must attend a free consultation with our SBDC representative.
•    Submit all documents along with the $75 application fee to the EDC (edc@jcacc.org - We prefer a digital copy of all documents, but can scan your documents if needed - 222 W. 6th Street, Junction City, KS)