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State Taking Loan And Grant Applications From Buckeye Lake Businesses

The state has started taking applications for grants and loans to help businesses near Buckeye Lake that have lost revenue while the water is kept low and a deteriorated dam is replaced.The Ohio Development Services Agency will consider applications on a first-come, first-served basis. Businesses must be able to show revenue dropped by at least 40 percent in 2015 from 2014. The grants cover up to half of their losses,to a maximum of 10 thousand dollars, and for no-interest loans up to 20 thousand for as many as seven years with no collateral required.

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