Department of Commerce

State Wood Products Revolving Loan Fund

The Wood Products Revolving Loan Fund (WP RLF) provides loans to businesses in the wood products industry to create or retain jobs, targeting areas where timber jobs are most threatened, particularly in counties with lumber mills and other related facilities.  WP RLF loans are available from two distinct programs: State Wood Products Revolving Loan Fund (State WP RLF) and Economic Development Administration Wood Products Revolving Loan Fund (EDA WP RLF).

Maximum Award Amount

$20,000 per created or retained job, and may not exceed $2 million

Cost Matching

State WP RLF: 1:1

EDA WP RLF 2:1

Eligible Applicants

Individuals, including private contractors and wood products businesses that are part of the critical, primary wood processing infrastructure and have suffered economic hardships.

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