Jerry and Jack Archer, owners
of J & J Construction in Sarahsville, Ohio.
The Revolving Loan Fund (RLF) offers loans to businesses in conjunction with a bank. Such funds are used in the event that full financing cannot be obtained from a bank, or to fill the "gap" between a bank loan and the financing necessary to complete a proposed business project. The RLF will not provide 100% financing of a project.
Since the inception of the RLF Program, it has made 121 loans totaling more than $7.5 million. These loans have created over 800 jobs and retained another 810 jobs in the 8-county region. The RLF program is one of the primary economic development tools serving small businesses in rural areas.
These loans have created over 700 jobs and retained over 760 jobs for a total of 1470 jobs within the eight county region. With these funds, the RLF has generated $19.4 M in private funds invested in the region and an additional $3.4M of public funds. Total investment from all funds has been $29.4M.


