Revolving Loan Fund

Lyons Revolving Loan Fund
The Town of Lyons, through its Revolving Loan Fund (RLF) Ad Hoc Advisory Committee members (collectively the “RLF Committee”), is managing a USDA RLF grant fund and a locally funded, Business Recovery Fund. The federal grant funds were awarded on a competitive basis to the Town of Lyons to use for economic development, more specifically, for business and expansion loans, that may help to create additional employment in the Town of Lyons. When a business repays the loan (via principal and interest payments), these funds are used to maintain a continuing loan program within the local RLF to make additional loans to businesses wishing to expand their business within the Town of Lyons.

Learn more about the Lyons Revolving Loan Fund Rules and Standards

View the Lyons Revolving Loan Fund Application