Energy Investment Loan Program
The Energy Investment Loan Program provides loans to businesses that are increasing energy efficiency in their buildings, equipment and processes.
Examples of eligible projects include:
- Buildings
- Equipment
Program Facts
Job creation and the use energy efficient practices are the goal of the Energy Investment Loan Program. Industries that are eligible under this program include:
- Manufacturers
- Warehouses and distribution centers
- Research and development facilities
- Retail
- Telecommunications and data processing facilities
- National or regional headquarters
Eligible businesses that promote the development and demonstration of efficient, environmentally acceptable and commercially feasible technology and processes, and that also utilize Mississippi’s existing energy resources, public utilities and/or developing resources that foster economic growth may apply for the Energy Investment Loan Program.
Loan Terms
Loans made under the Job Protection Loan Program may be made for a maximum of seven years, in amounts not to exceed $300,000 per business. The interest rate on these loans is 3% below the prime rate.
For further details, see the Energy Investment Loan Program Guidelines, Energy Investment Loan Program Application, and Section 57-39-39, MS Code 1972, Annotated. To request these documents or for assistance, contact the Financial Resources Division at financial@mississippi.org or (601) 359-3552.
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