Program Contact
Robyn Jacobson
Contracts Administrator
​319-365-9941 Ext. 134
The Revolving Loan Fund (RLF) is a loan pool established by the Czech Village/New Bohemia (CVNB) Main Street District and administered by the East Central Iowa Council of Governments to assist new and existing businesses within the Main Street District in development and expansion efforts. Funds may be used in conjunction with local lenders to serve as gap financing. 
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► Loan Range: $5,000-$25,000
► Average Loan Awarded Per Job Created: $5,000
► Expectation of 1:1 Private Investment Match
► Maximum Loan Term: 10 years
► Competitive Interest Rates
► 2% Administrative Fee
► RLF Funds May Be Used For: working capital, purchase of machinery & equipment, purchase of real property, and/or tenant improvements

ECICOG is an Equal Opportunity Lender

Apply for Funding

This RLF is suspended until July 1.
700 16th St. NE Suite 301
Cedar Rapids, IA 52402
319-365-9941
Pursuant to Title VI of the Civil Rights Act of 1964, as amended the Civil Rights Restoration Act of 1987 and other nondiscriniation authorities, it is the policy of the East Central Iowa Council of Governments (ECICOG) that discrimination based on race, color, national origin, sex, age, disability or income status shall not occur in connection with any of its programs or activities. For more information on Title VI, or to file a complaint please see the Title VI section here.