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Low- interest loans available

A low-interest loan program now is available to downtown businesses and property owners through the Butler Downtown Revolving Loan Fund.

The organization announced the program earlier this month. It allows downtown businesses and property owners to apply for financing for renovation projects at commercial or mixed-use real estate within the Butler City Main Street Project Area.

The area encompasses parts of Main, Jackson and McKean streets.

Loan amounts begin at a minimum of $15,000 and applications will be reviewed on a case-by-case basis, said Jared Sullivan, president of Butler Downtown.

“This program offers a wonderful opportunity for businesses to execute their vision for growth and development,” Sullivan said in a news release announcing the program.

The money can be used for expenses like engineering fees, construction and mechanical systems. To be eligible, applicants must demonstrate a need for financial assistance and the capability to complete the proposed project.

A limited number of loans are being approved, and applications and a list of guidelines are available at the City Building at 140 W. North St., on the third floor.

Documents are also available online at www.butlerdowntown.org.

For more information contact Mary Tate, director of revitalization and preservation at Butler County Tourism Foundation, at mary@bctfoundation.org.

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