Financial Assistance
Financial Assistance through the Business Loan Program
The Business Loan Program is targeted toward existing businesses who require land, buildings, and equipment to expand in Borger. Applications considered on a case-by-case basis. In some cases, loans can be partially forgiven in exchange for the company meeting certain job creation requirements.
Types of Businesses Eligible for Grants or Loans
- Manufacturing
- Industrial
- Distribution
- Regional Wholesaling
- Service (relating to manufacturing, industrial, distribution and wholesaling)
- Technology Firms
- Many others
Example of Types of Projects Eligible for Funds
- Acquisition or construction of business facilities for lease or ownership.
- Improvements to facilities that are leased to companies.
- Loans to companies for equipment purchases.
- Loans to companies for purchase of land.
- Grants to companies for technology development.
- Extension of utilities, roads, and rail service to industrial parks, sites, and buildings.
- Many others.
For information regarding incentives or a possible relocation of a business to Borger, contact:
Borger Economic Development Corporation
Katie Lingor, Executive Director
1111 Penn St
Borger, TX 79007
Phone: (806) 521-0027
E-mail: klingor@borgeredc.com
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