Helping Fostoria Small Business Start & Grow

The Small Business Revolving Loan is a cooperative effort between the City of Fostoria, Fostoria Economic Development Corporation and the Fostoria Area Chamber of Commerce.  The sole purpose of the loan fund is to create and expand small businesses in Fostoria.

  • Up to $25,000
  • Interest rate 1.25% below prime
  • Flexible terms up to 5 years
  • Locally controlled
  • Connects to network of local resources including business & financial support
Eligible Businesses:
  • Must be For-Profit
  • Retail
  • Restaurant
  • Service Industry
  • Small Manufacturing
  • Professional Services
Use the Loan for:
  • Working Capital
  • Purchase Inventory
  • Machinery
  • Equipment
  • Buildings
  • Improvements
  • Related Costs

Loan applications must be submitted via email to Renee Smith, or Sarah Stephens Krupp,