Oregon Business Development Department
Chapter 123
Division 92
Small Business Expansion Loan Fund (Oregon Royalty Fund)
123-092-0030
Eligibility
(1) Eligible projects are business development projects as defined in OAR 123-092-0020(2).
(2) To be eligible, an applicant must operate an Oregon Growth Business.
(3) The primary focus of ORF is to provide net, new money financing for Oregon Growth Businesses. However, applications to refinance an Oregon Growth Business’s existing debt or equity financing may be considered on a limited basis at the sole discretion of the Department.
Statutory/Other Authority: ORS 285B.092 & OL Ch 71 2018
Statutes/Other Implemented: ORS 285B.092 & OL Ch 71 2018
History:
OBDD 6-2023, temporary amend filed 04/12/2023, effective 04/12/2023 through 10/08/2023
OBDD 13-2019, amend filed 09/04/2019, effective 09/04/2019
OBDD 2-2019, adopt filed 01/07/2019, effective 01/07/2019