Downtown residential and commercial property owners may receive loans for between $5,000 and $50,000 through a local participating bank for the renovation and updating of facades and other building improvements. The Downtown Improvement Loan interest rate will be 1.5% below the rate normally offered by the lending institution. Eligible improvements include, but are not limited to: facade restoration, window/door repair or replacement, masonry, awnings, signage, exterior lighting, painting, building additions, new roof and landscaping. For more information about the loan incentive program click here.
Applications should be made through one of the participating banks. The loan will be approved according to the credit standards of the lending institution.
For more information, contact Lauren Grashoff at 742-6226 or firstname.lastname@example.org
For information on additional Economic Incentive programs offered in Shawnee, click here.
Country Club Bank
Great Western Bank
Community First Bank