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GNS Loan Program

The Gifted Horse Lodge in Fort Jones was approved for an RMAP loan in April 2015 to relocate and expand their retail/deli business.
Photo credit: Jeri Rangel

Great Northern Services administers the USDA Rural Micro-Entrepreneur Assistance Program (RMAP) in Siskiyou County.  The program provides access to capital to eligible businesses located in Siskiyou County that have ten or fewer full-time equivalent (FTE) employees.  Each application will be considered on the basis of the company’s unique financial needs. The minimum loan amount is $10,000 and the maximum loan amount is $50,000.

Use of funds includes business acquisition, purchase or lease of real estate already improved which will be used for the location of the subject business only; refinancing of existing debt; operating capital (including license and permit fees); furniture, fixtures, supplies, inventory and equipment purchase.  Interest rates are based on personal credit quality and security for the loan and vary between 6% – 10%.

All loans must be secured by collateral.  Types of collateral will depend, but are not limited to the borrower’s available security, the loan amount and terms.  A lien on real property is the preferred method of securitization.

RMAP Interest Form

Please fill this out if you would like to be contacted about a USDA RMAP loan.
  • The maximum loan amount for the program is $50,000.

Community Development Manager, Brandy Caporaso, 938-4115 ext 115

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Location and Mailing Address

310 Boles Street, Weed, CA 96094
(530) 938-4115
Office hours: Monday–Thursday, 9 AM – 4 PM

 

Great Northern Services is a 501(c)3 nonprofit recognized by the IRS

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CA lic. #629328