Midstate Electric Cooperative (MEC) plays an active role in the development of rural communities. Through the creation of the revolving loan fund (RLF), MEC is seeking to improve the quality of life in its service territory by helping leverage projects that:
- Create and retain job opportunities for rural residents.
- Provide technical assistance, education or medical care to businesses and residents.
- Further the use of advanced telecommunications services and computer networks for medical, education and job training services.
- Upgrade the public infrastructure to improve the economic development potential of rural areas and the health, safety and medical care of residents.
MEC’s RLF proceeds may be used for land, building, machinery/equipment, or working capital purposes. Loans ranging from $25,000-$360,000 are available. If interested in applying please contact Patricia Lucas, CEcD, executive director of SLED at sledexecutivedirector@gmail.com.
