Hillsboro, IL · Montgomery County
Revolving Loan Application
This application lets Hillsboro small businesses request revolving loan assistance for eligible projects that support business growth and job creation or retention.
What this form is
The City of Hillsboro’s Revolving Loan Fund helps finance small businesses in the city, using funds alongside outside financing and owner equity. The preliminary application asks for applicant and business details, project location, ownership or lease status, requested assistance, collateral, and a brief project description. The document describes eligible uses such as equipment, working capital, construction, and renovations.
Who needs it
A Hillsboro business seeking revolving loan assistance for an eligible project should complete the preliminary application questionnaire.
How to submit it
Submit it to the city department named on the form; check the city website for current contact details. The document lists 447 South Main Street, Hillsboro, and a city phone number.
About notarization
This document is signed without a notary; its recapture-strategy attachment is not identified as sworn or notarized, and the signer just signs and dates it.
How to submit this form
- 1
Download The Application
Download the Revolving Loan Application PDF.
- 2
Complete The Questionnaire
Provide the requested applicant, business, project, financing, site, and collateral information.
- 3
Review The Attachment
Review the attached revolving fund recapture strategy and management information.
- 4
Submit To The City
Submit the application to the city department named on the form; check the city website for current contact details.
Frequently asked questions
- Who can use the Revolving Loan Application?
- The application is for small businesses located in Hillsboro seeking assistance for an eligible project that supports economic growth or creates or retains jobs.
- What information does the preliminary application ask for?
- It asks for applicant and business names, business type, new or existing status, job creation or retention, site, ownership or lease status, requested assistance, collateral, and a project description.
- How do I submit the Revolving Loan Application?
- Submit it to the city department named on the form; check the city website for current contact details. The document lists a city address and phone number.
- Do I need a notary for the Revolving Loan Application?
- No. This application is signed without a notary; its recapture-strategy attachment is not identified as sworn or notarized, and the signer just signs and dates it.
Need something notarized?
This Revolving Loan Application doesn’t need a notary — but Illinois residents can notarize other documents online with a commissioned online notary.