Port Revitalization Revolving Loan Program
Port Revitalization Revolving Loan Program supports Mississippi port authorities with loans for facility improvements and business location or expansion, helping ports accommodate new and growing industries.
Funder: Mississippi Development Authority
Due Dates: No application deadline listed
Funding Amounts: Loans; amounts and terms are not listed
Summary: Loans support business location and expansion at Mississippi ports and improvements to port facilities.
Key Information: This is a loan, not a grant; applicants must be state, county, or municipal port authorities.
Description
The Mississippi Development Authority (MDA) offers the Port Revitalization Revolving Loan Program to support business location and expansion at Mississippi ports, as well as improvements to port facilities. A port authority may seek financing for its port or apply on behalf of a new or expanding industry.
By connecting facility improvements with business development, the program helps public port authorities accommodate new activity and support the expansion of existing industries. Financing is provided as a loan rather than a grant.
