Revolving Loan Fund Program

The Macomb Area Economic Development Corporation’s (MAEDCO) Loan Program is designed to be used in conjunction with other funds to create new employment opportunities and retain existing jobs.

Each project will be reviewed by the Macomb Area Economic Development Corporation’s (MAEDCO) Loan Committee. The committee will determine project eligibility and financial risk based upon the aforementioned standards. The committee will make recommendations for loan approval or disapproval to the Board of Directors.