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Missouri Energy Loan Program
Missouri — state programLoans will be awarded between $10,000 and $5 million; loan interest rate will be 2.5%; an administrative fee of 1% of the loan principal is added to the repayment amount; loan repayment term is typically 10 years or lessDeadline: closed
The Missouri Department of Natural Resources offers low-interest loans to public schools, higher education institutions, and local governments for qualified energy-saving investments, energy efficiency, and renewable energy projects. Loans are repaid from energy savings achieved, and as they are repaid, principal and interest earnings are recycled back into the state's Energy Set-aside Fund to finance new loans.
Program details
- Type
- loan
- Amount
- Loans will be awarded between $10,000 and $5 million; loan interest rate will be 2.5%; an administrative fee of 1% of the loan principal is added to the repayment amount; loan repayment term is typically 10 years or less
- Deadline
- closed
- Eligibility
- Public schools (K-12), public higher education institutions, local governments (cities, towns, villages, counties, public-owned airport facilities, hospital districts, sewer districts, water supply districts, ambulance districts, sub-districts of zoological park and museum districts). Applicants must not be in default or have a pending event of default and must be current on all taxes due and owed to the state of Missouri. The applicant must own and operate the building or system proposed for energy-saving improvements. The proposed project must be located within the borders of Missouri and in
- Status
- closed
- Administrator
- Missouri Department of Natural Resources, Division of Energy
Source: Missouri — state program. Confirm current terms with the administering agency before applying.