ST MARYS, OH (10-20-23) – Midwest Electric recently provided small business loan Rush Sports Complex. The low-interest loan was granted through the cooperatives Revolving Loan Fundwhich aims to support local businesses and empower the community by creating and retaining jobs in west-central Ohio.
Rush Sports Complex opened its doors at 6301 US Route 127 in Celina, Ohio in September 2022, offering recreational sports leagues, tournaments, basketball, volleyball and soccer facilities, a golf club, a weight room and more.
Image LR: Midwest Electric Business Development Coordinator Joel Johns presents a loan to Rush Sports Complex owner Branden Rushton to purchase sports equipment and create four new full-time jobs.
To expand its facilities, Rush Sports Complex recently renovated its North Field House, which includes basketball, volleyball and pickleball courts. The loan from Midwest Electric will provide funding for North Field House basketball and volleyball equipment and create four full-time jobs.
To learn more about Rush Sports Complex, visit their website at www.rushsportscomplex.com or email info@rushsportscomplex.com. They are located at 6301 US Route 127 Celina, Ohio.
What is the Revolving Loan Fund?
Midwest Electric's Revolving Loan Fund features a competitive interest rate for job-creating projects in rural west-central Ohio. The minimum loan is $5,000. the maximum depends on the amount of funds available at the time of application. The project must include at least 10% equity. Other requirements apply. Call 800-962-3830 for more information or a free pre-application.
Joel Johns, Business Development Coordinator for Midwest Electric;
“The primary purpose of the Midwest Electric Revolving Loan Fund (RLF) is to create or retain jobs in west-central Ohio, which is essential to the well-being of the community. Any local business within the seven-county area we serve is eligible to apply for a low-interest loan to finance fixed assets.”
Based in St. Marys, Midwest Electric is the not-for-profit, customer-owned electric cooperative serving 11,000 homes, farms and businesses in Allen, Auglaize, Mercer, Van Wert, Shelby, Putnam and Darke counties. To learn more, visit www.midwestrec.com.
