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Tennessee Rural Opportunity Fund Loan

Tennessee Treasury / TNECD (TNECD)TN-ROFRefreshed 1 month ago
Do I qualify?
Max funding

$2.0M

per applicant

Type

Loan

Below-market financing

Deadline

Rolling

No fixed cutoff

Timing

Rolling

Apply when you're ready

Complexity

Moderate

Underwriting required

About This Program

Provides below-market-rate loans to businesses investing in Tennessee's rural and distressed counties. Prioritizes projects that create manufacturing, processing, and service jobs in economically challenged areas.

Key Requirements & Eligibility

  • 1Project must be located in a qualifying rural Tennessee county
  • 2Minimum 10 full-time jobs created or retained
  • 3Loan size: $250,000–$2 million
  • 4Interest rate: 2–3% below conventional commercial rates
  • 5Business must match at least 25% of project cost from private sources

Do I qualify?

Answer the questions below to get an instant self-assessment of your fit for this program. This is informational — final determinations are made by the administering agency.

0 of 5 answered

1.Project must be located in a qualifying rural Tennessee county

2.Minimum 10 full-time jobs created or retained

3.Loan size: $250,000–$2 million

4.Interest rate: 2–3% below conventional commercial rates

5.Business must match at least 25% of project cost from private sources

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