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Projects

IWW project loans
1.) Projects to acquire or rehabilitate downtown properties using private investment.
2.) Projects that can be shown to lead directly to private investment, developing or strengthening new or existing businesses, providing services and products, creating new jobs or saving existing ones, providing a stronger tax base or restoring historic architectural features.

Loans are from $1,500 to $20,000, are no-interest, and must be matched at least three-to-one private to IWW funds. These require both Marysville and Kansas Main Street approval.

Small (locally-funded) project loans
1.) Paint up/fix up projects on front facade, back or side buildings.
2.) Paint up/fix up or design and installation of signage.
3.) Installation or repair of awnings on front facades.

Loans are from $500 to $2,000. They are no-interest and there is typically a small match requirement.

Who is eligible. Building owners or landlords and business owners in the Marysville Main Street area or eligible to apply for these loans.

Timing for applying and completing project Loan. funds are available two times per year. Application deadlines are February 1 and August 1. Regular round projects must begin 90 days after the funds are awarded, and must be completed within one year of the award. Revolving-fund loans may be applied for at any time, based on availability.

How Marysville Main Street is involved Marysville. Main Street solicits projects, evaluates them, and selects projects to submit to Kansas Main Street. The Main Street office can provide you with program information, eligibility requirements, and assistance in processing your application.

Loan money stays here. As loans are repaid, Marysville Main Street retains the funds in a local revolving loan pool, thus ensuring that this program continues to benefit downtown Marysville for years to come.

 

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