Midwest Electric recently provided a small business loan to Rush Sports Complex. The low-interest loan was provided through the co-op’s Revolving Loan Fund, which 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 U.S. Route 127 in Celina, Ohio, in September 2022, offering recreational sports leagues, tournaments, basketball, volleyball, and soccer facilities, a golf lounge, a weight room, and more.
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 the North Field House’s 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 U.S. Route 127 Celina, Ohio.
What’s the Revolving Loan Fund?
Midwest Electric's Revolving Loan Fund features a competitive interest rate for job creation projects in rural west central Ohio. Minimum loan is $5,000; the maximum depends on the amount of available funds at the time of the request. The project must have a minimum of 10% equity infusion. Other requirements apply. Call 800-962-3830 for more information or a free pre-application.
“The main purpose of the Midwest Electric Revolving Loan Fund (RLF) is to create or retain jobs in west-central Ohio, which is essential for the community well-being,” said Joel Johns, Business Development Coordinator for Midwest Electric. “Any local business within the seven-county area that we serve is eligible to apply for a low-interest loan for fixed asset financing.”