GPDI disburses the entire loan, sets interest rate and terms. Job creation or retention is necessary. GPDI packages applications for Rural Development loans to businesses. A primary purpose of the program is to create and maintain employment and improve the economic and environmental climate in rural communities. Any legal entity, including individuals, public and private organizations, and federal recognized Indian tribes may borrow under this program.
Lenders are responsible for making and servicing the loans.
Applicants may apply for loans through private lenders. Cities may issue the bonds, but issuance is based on the credit of the firm. Available through the City of Dodge City and Ford County . These are competitive loan applications. The amount of money available to loan at any given time depends on the balance in the funds at the time of application.