BUSINESS EXPANSION LOAN PROGRAM

Community Development Homepage The Business Expansion Loan Program (BELP) was launched by the Partnership for Neighborhood Improvement and the City of Knoxville's Community Development Department in April 2009. The program is aimed at the 16-square-mile Empowerment Zone (EZ) in the central city. This is a revolving loan program for business expansion and commercial building improvements for businesses located within the EZ and area businesses willing to relocate into or expand in the EZ. Loans will be made for the purpose of providing gap financing to make projects feasible. Applications will be taken as long as funding is available. Download the BELP Program Description (PDF). Download the BELP Loan Application (PDF). These forms are PDF documents, which can be opened if you have a free program -- Acrobat Reader -- on your computer. Download Acrobat Reader. Questions? Call Community Development at 215-2120 or Rogers Doughty at 215-2113.