
Facade Improvement Program
For information regarding the City’s Fade Improvement Program, please visit the Facade Improvement Program page here.
Revolving Loan Fund
The City of Genoa is proud to be able to provide a Revolving Loan Program to downtown businesses in an effort to enhance the downtown and promote economic development within the community. This program provides direct financing to businesses at a below-market, fixed rate of interest in cooperation with loans made through private financing. This program is designed to assist with the retention and growth of the existing commercial base and provide needed financial assistance to new and expanding businesses. Eligible uses for loan proceeds include:
• Purchase of a building
• Construction/renovation
• Leasehold improvements
• Purchase of machinery/equipment/furniture
Prior to submitting an application, a pre-application meeting with Staff is required. Please contact Assistant City Administrator Alyssa Seguss at (815) 784-7106 to schedule a meeting.
The loan application will take (5-10 minutes) to complete.
Department of Commerce and Economic Opportunity
Starting a new business is an exciting time, but is can also be challenging. Questions can seem endless: Where will my business be located? What licenses or permits are required? How do I get financing?
The State of Illinois is here to help. We’ve created a clearinghouse of information for entrepreneurs on starting a new business, a one-stop shop for all things startup. Your road to business ownership begins here.
For more information contact:
First Stop Business Information Center
Illinois Department of Commerce
800.252.2923 or
ceo.firststop [at] illinois.gov (ceo[dot]firststop[at]illinois[dot]gov)