Apply for a Business Loan
For more information and to start the application process, please contact our designated specialists.
Local Revolving Loan Funds
Mario A. Nero Sr.
SBA 504 and 7(A) Loans
Maureen Stenglein
Start Up Businesses
(Under 2 years in existence)
Matthew Longmire
Business Resource Manager
330-759-3668 Ext. 111 | matthew@valleyedp.com
Business Accounting & Legal Grant
Register for our 6 part course and check eligibility to receive the $10,000 grant.
City of Youngstown Façade and Revolving Loan Fund Programs
Youngstown Façade Program
The Façade Program $1,000,000 was contributed by the City of Youngstown American Rescue Plan Act (ARPA) Funds to Valley Partners. The program is for commercial properties located in the city. It is a forgivable loan with a five year term. Each year the business remains open in their location 20% of the loan is forgiven. Eligible businesses will be able to apply for a match of up to 50% of a façade project with a maximum amount of $20,000.
Youngstown City Revolving Loan Fund (YCRLF) Program
The City of Youngstown Revolving Loan Fund (YCRLF) program aims to provide loan capital to for-profit and not-for-profit businesses located in the City of Youngstown. Valley Partners will administer the $2,000,000 program funded by City ARPA dollars. The target borrower is a small business that has been impacted by the COVID-19 shutdown and having trouble acquiring funds from traditional lending channels. The maximum loan size is $150,000, with an interest below the current prime. The loan terms will be a minimum of 5 years preceded by a twelve (12) month interest only period, depending on loan amount and collateral.
To apply, please fill out our traditional ED Loan Application and submit required documents to Mario Nero.
Title VI Loan Applicant's Rights
Title VI of the Civil Rights Act of 1964 prohibits discrimination based on race, color, and national origin. Section 504 of the Rehabilitation Act of 1973 prohibits discrimination based on disability. Valley Partners adheres to every person's rights when applying for all services.
