Loan Application Full Loan Application 2020 Loan InformationBusiness InformationEmployment InformationOwnership InformationContact Information Please note: After you submit your application, you will be asked to submit payment for a $25 loan application processing fee. The Mountain Association does not provide loans for projects or ventures that harm people or the environment, i.e. vape shops, coal businesses, etc. We also consider the impact made to the community, i.e. number of jobs or quality of life improvements, when we are reviewing loan applications. Location Information State where the business/organization is or will be based: * Kentucky Other state County where the business/organization is or will be based: * Not on the list below KY-Adair KY-Bath KY-Bell KY-Boyd KY-Breathitt KY-Carter KY-Casey KY-Clark KY-Clay KY-Clinton KY-Cumberland KY-Edmonson KY-Elliott KY-Estill KY-Fleming KY-Floyd KY-Garrard KY-Green KY-Greenup KY-Harlan KY-Hart KY-Jackson KY-Johnson KY-Knott KY-Knox KY-Laurel KY-Lawrence KY-Lee KY-Leslie KY-Letcher KY-Lewis KY-Lincoln KY-Madison KY-Magoffin KY-Martin KY-McCreary KY-Menifee KY-Metcalfe KY-Monroe KY-Montgomery KY-Morgan KY-Nicholas KY-Owsley KY-Perry KY-Pike KY-Powell KY-Pulaski KY-Robertson KY-Rockcastle KY-Rowan KY-Russell KY-Wayne KY-Whitley KY-Wolfe County where the business/organization is or will be based: * Not on the list below NC-Alexander NC-Alleghany NC-Ashe NC-Avery NC-Buncombe NC-Burke NC-Caldwell NC-Cherokee NC-Clay NC-Davie NC-Forsyth NC-Graham NC-Haywood NC-Henderson NC-Jackson NC-Macon NC-Madison NC-McDowell NC-Mitchell NC-Polk NC-Rutherford NC-Stokes NC-Surry NC-Swain NC-Transylvania NC-Watauga NC-Wilkes NC-Yadkin NC-Yancey OH-Adams OH-Ashtabula OH-Athens OH-Belmont OH-Brown OH-Carroll OH-Clermont OH-Columbiana OH-Coshocton OH-Gallia OH-Guernsey OH-Harrison OH-Highland OH-Hocking OH-Holmes OH-Jackson OH-Jefferson OH-Lawrence OH-Mahoning OH-Meigs OH-Monroe OH-Morgan OH-Muskingum OH-Noble OH-Perry OH-Pike OH-Ross OH-Scioto OH-Trumbull OH-Tuscarawas OH-Vinton OH-Washington TN-Anderson TN-Bledsoe TN-Blount TN-Bradley TN-Campbell TN-Cannon TN-Carter TN-Claiborne TN-Clay TN-Cocke TN-Coffee TN-Cumberland TN-DeKalb TN-Fentress TN-Franklin TN-Grainger TN-Greene TN-Grundy TN-Hamblen TN-Hamilton TN-Hancock TN-Hawkins TN-Jackson TN-Jefferson TN-Johnson TN-Knox TN-Lawrence TN-Lewis TN-Loudon TN-Macon TN-Marion TN-McMinn TN-Meigs TN-Monroe TN-Morgan TN-Overton TN-Pickett TN-Polk TN-Putnam TN-Rhea TN-Roane TN-Scott TN-Sequatchie TN-Sevier TN-Smith TN-Sullivan TN-Unicoi TN-Union TN-Van Buren TN-Warren TN-Washington TN-White VA-Alleghany VA-Bath VA-Bland VA-Botetourt VA-Buchanan VA-Carroll VA-Craig VA-Dickenson VA-Floyd VA-Giles VA-Grayson VA-Henry VA-Highland VA-Lee VA-Montgomery VA-Patrick VA-Pulaski VA-Rockbridge VA-Russell VA-Scott VA-Smyth VA-Tazewell VA-Washington VA-Wise VA-Wythe WV-Barbour WV-Berkeley WV-Boone WV-Braxton WV-Brooke WV-Cabell WV-Calhoun WV-Clay WV-Doddridge WV-Fayette WV-Gilmer WV-Grant WV-Greenbrier WV-Hampshire WV-Hancock WV-Hardy WV-Harrison WV-Jackson WV-Jefferson WV-Kanawha WV-Lewis WV-Lincoln WV-Logan WV-Marion WV-Marshall WV-Mason WV-McDowell WV-Mercer WV-Mineral WV-Mingo WV-Monongalia WV-Monroe WV-Morgan WV-Nicholas WV-Ohio WV-Pendleton WV-Pleasants WV-Pocahontas WV-Preston WV-Putnam WV-Raleigh WV-Randolph WV-Ritchie WV-Roane WV-Summers WV-Taylor WV-Tucker WV-Tyler WV-Upshur WV-Wayne WV-Webster WV-Wetzel WV-Wirt WV-Wood WV-Wyoming The Mountain Association serves businesses and organizations in the 54 Appalachian counties in Kentucky as designated by the Appalachian Regional Commission (ARC). We can also serve other states in the Central Appalachian region. Loan Request Requested loan amount from the Mountain Association for this project or venture: * $ Business or commercial purpose loans can range from $1,000 to $1,00,000+. Amount of other debt you plan to borrow for this project or venture, if any: * $ Amount of business and/or business owner’s cash equity to be contributed to this project or venture, if any: * $ In other words, the amount of cash you or another business owner are investing in this project or venture. Total amount needed for this project or venture, from all sources: * $ This should be the total amount of the loan you are requesting from the Mountain Association, plus any other debt or cash put into the project or venture. While we prefer to not be the only source of financing for your business or organization, we do consider financing 100% of a project or venture. Primary purpose of the loan request from the Mountain Association: * In other words, how will use you most of the money? Secondary purpose of loan, if any: * Number of years requested to repay the loan: * 1 year 2 years 3 years 4 years 5 years I don’t know OtherOther The number of years represents the “terms” of the loan you requested. The Mountain Association sets maximum terms depending primarily on the nature and useful life of the assets pledged to secure the loan as collateral. The Mountain Association will typically consider up to 20 years for real estate, up to 10 years for long term equipment, and up to 5 years for everything else. For our solar loans, we set a term of 20 years. Description of collateral asset(s): * In other words, what assets are available (business and/or personal) that can support or secure our financing as collateral? Name of legal owner of these asset(s): * If you are purchasing equipment after you receive a loan, list who the legal owner will be after you will purchase the assets. Current market value of these asset(s): * $ Estimate based on quoted price, recent cost, property tax assessment, appraisal within past three years, etc. Amount of existing or prior loans/liens against these asset(s): * $ While the Mountain Association prefers not to finance a project without full collateral coverage, we will consider any proposal. Next If you are human, leave this field blank.