01.23.2012
Heartland names January Student of the Month
The Power of Forward Thinking
HELP Fund
The Heartland Economic development Loan Program (HELP) Fund promotes community development in customer communities through a revolving loan fund. It provides funds for business ownership and expansion, job creation and retention, and entrepreneurial enterprises.
The HELP Fund fosters growth and economic stability by offering an interest rate typically lower than traditional rates and up to 10 years financing for land, buildings and permanent fixtures. Applicants may also receive financing for up to 10 years or the useful life for machinery and equipment. Loans will not exceed $150,000 or 75% of the total project cost.
To date, Heartland and the HELP Fund has awarded more than $4 million to 18 recipients. The funds have contributed to infrastructure improvements, regional preparations for growth, new business investments, and more.
Heartland customers, their local economic development corporations and businesses served by our customers are eligible to apply. If you're interested in a HELP Fund loan, complete the following application or contact Russell Olson at (605) 256-6536 for more information. Completed applications may be submitted electronically via the PDF or printed and mailed to 432 SE 12th Street, Madison, SD 57042.
In accordance with Federal law and U.S. Department of Agriculture policy, this institution is prohibited from discriminating on the basis of race, color, national origin, age, disability, religion, sex and familial status. (Not all prohibited bases apply to all programs). To file a complaint of discrimination, write USDA, Director Office of Civil Rights, 1400 Independence Avenue, S.W., Washington, D.C. 20250-9410 or call (800) 795-3272 (voice) or (202) 760-6382 (TDD).
Heartland Consumers Power District is an Equal Employment Opportunity Employer. Discrimination because of gender, race, color, religion, national origin, age, disability or veteran’s status is prohibited. Heartland recruits, hires, trains and promotes the most qualified person into all levels without regard to age, race, color, religion, national origin, gender or disability (except where disability and gender are bonafide occupational qualification).
The HELP Fund fosters growth and economic stability by offering an interest rate typically lower than traditional rates and up to 10 years financing for land, buildings and permanent fixtures. Applicants may also receive financing for up to 10 years or the useful life for machinery and equipment. Loans will not exceed $150,000 or 75% of the total project cost.
To date, Heartland and the HELP Fund has awarded more than $4 million to 18 recipients. The funds have contributed to infrastructure improvements, regional preparations for growth, new business investments, and more.
Heartland customers, their local economic development corporations and businesses served by our customers are eligible to apply. If you're interested in a HELP Fund loan, complete the following application or contact Russell Olson at (605) 256-6536 for more information. Completed applications may be submitted electronically via the PDF or printed and mailed to 432 SE 12th Street, Madison, SD 57042.
In accordance with Federal law and U.S. Department of Agriculture policy, this institution is prohibited from discriminating on the basis of race, color, national origin, age, disability, religion, sex and familial status. (Not all prohibited bases apply to all programs). To file a complaint of discrimination, write USDA, Director Office of Civil Rights, 1400 Independence Avenue, S.W., Washington, D.C. 20250-9410 or call (800) 795-3272 (voice) or (202) 760-6382 (TDD).
Heartland Consumers Power District is an Equal Employment Opportunity Employer. Discrimination because of gender, race, color, religion, national origin, age, disability or veteran’s status is prohibited. Heartland recruits, hires, trains and promotes the most qualified person into all levels without regard to age, race, color, religion, national origin, gender or disability (except where disability and gender are bonafide occupational qualification).
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HELP Application pdf (328k) |