The Port Isabel Economic Development Corp (EDC) has provided local businesses with $476,537. since 2009. It is funded by a grant from the USDA Rural Development Business Grant Program.
The Olympian Fitness Gym received a loan to expand their gym recently. Local business may apply for loans up to $150,000. In order to qualify for a loan, applicants must:
1. Be located in Port Isabel
2. Contribute 25% of the total project cost
3. Be a U.S Citizen or legal resident
To check out this revolving loan program or apply, go to http://portisabel-texas.com/edc/funding/revolving-loan-fund-program/
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