Propel Application

Please note: If you cannot complete the form at one time, please utilize the “save and continue” feature at the bottom of the page. A link will be sent to your email that allows you to come back and complete the application within 30 days.

There is a $250 application fee for this program

If you have questions, please contact Claire Collett.

Fields marked with a red asterisk (*) are required.

"*" indicates required fields

Applicant Information

Name*
Home Address*

Business Information

Address*

Other Owners & Investors

Co-Owner Name
Investor Name
Business Attorney or Accountant Name
Don't have one? No sweat! We can talk about your options.

Tell Us Your Story

Is your business currently operational?*
To note, applicants do not need to answer this. This is available only if you want to share more. Please share any additional insights about why you need the Propel Program, and why 2020 has been challenging or created additional opportunities for you.
Maximum $30,000
The Propel Program is able to offer a variety of terms for up to 60-months or five years. An example of a requested rate & term situation would be 2.75% at 60-months or five years.
For example, I would like a $3,750 loan for the following uses: Rent payment for two months totaling $2,000, utility payment for two months totaling $1,225, supplies purchase for operations totaling $525.
Are you pursuing other loan programs in addition to the Propel Program?*
Name, relationship to you, phone number, email
Name, relationship to you, phone number, email

Document Upload

Max. file size: 50 MB.
Please upload your Executive Summary (1 to 2 page overview) of your business here.
If you are an existing business, please upload your FY 2020 and FY 2021 Profit & Loss Statements. If you have been in business for less than two years, please upload your historical P&L Statements to date.
Max. file size: 50 MB.
If you are a startup, please upload a copy of your financial projections for 2022 and 2023.
Max. file size: 50 MB.
Please upload a copy of your most current Balance Sheet.
Max. file size: 50 MB.
Have you completed our Co.Lab course ?

Permissions

I understand as a representative of my business, the Boone EDC will perform a credit check on the owner (and spouse, if applicable).*
I understand as a representative of my business, I am personally and professionally in good standing with Boone County, IN and the State of Indiana.*

Payment Information

This field is for validation purposes and should be left unchanged.