State Incentives

SBA loans

The SBA 504 Loan program is a powerful economic development loan program that offers small businesses another avenue for business financing, while promoting business growth, and job creation. 

The 504 Loan Program provides approved small businesses with long-term, fixed-rate financing used to acquire fixed assets for expansion or modernization.  504 loans are made available through Certified Development Companies (CDCs), SBA's community-based partners for providing 504 Loans.

Contact us today to discuss how an SBA loan may be able to assist your business.

 

Rural Business Development Grant

Rural Business Development Grant is a competitive grant designed to support targeted technical assistance, training and other activities leading to the development or expansion of small and emerging private businesses in rural areas that have fewer than 50 employees and less than $1 million in gross revenues. Programmatic activities are separated into enterprise or opportunity type grant activities.

For more information on this program, click here.

 

Agriculture & Rural Infrastructure Development

The Grants Office within the Trade and Business Development Division of the Texas Department of Agriculture provides numerous state and federal grants, loans and cooperative agreements available to farmers/ranchers, universities and schools, non-profits and private entities across the Lone Star State. The division is focused on administering financing programs that empower rural communities, encourage healthy lifestyles, protect consumers and promote production agriculture. To find information on specific programs, click here.

Tahoka EDC Final Logo-01

1807 Main Street · Tahoka, TX 79373 · Phone: 806-561-4211

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