EDA reviews outdated Revolving Loan Fund application, seeks policy reference and online form
Apr 27, 2026
The Waverly EDA reviewed its 2018 Revolving Loan Fund application and recommended adding a link to the Business Subsidy Policy, clarifying collateral expectations consistent with the EDA's gap-funding role, converting the form to a fillable online document, and seeking consultant review before finalizing.
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Members reviewed the Revolving Loan Fund application on file (a 2018 version) and identified several areas needing update, including a clearer reference to the Business Subsidy Policy and the exclusions applicants should know before completing the form.
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