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Over $21.8M in Business Projects Helped by EDC 504 Loan Program

Published Tuesday, September 29, 2020

EDC 504 Loan Program Helping Business Growth

Fourteen business projects with total investment over $21.8 million were funded by the EDC of St. Charles County’s 504 loan program through Q3 2020 helping create or retain 428 jobs throughout metro St. Louis.

Manufacturers account for 53% of total project investment so far this year.

Ranked as one of the top 504 lenders in the St. Louis region, the EDC offers long-term, low fixed rate, low down payment financing for fixed assets like new equipment, building construction, expansion, or purchase.

For more information about the EDC 504 loan program, call 636-441-6880 or email info@edcscc.com