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Belmond's City Park -
     a delight in any season

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BIDCO Announces COVID-19 Microloan Program for Belmond, Galt and Rowan

Belmond, IA:

On April 27, 2020, the Wright County Board of Supervisors approved an agreement for Wright County Economic Development (WCED) to lend $25,000 to BIDCO to provide necessary assistance to small businesses who are adversely affected by changes in business or regulations imposed due to the COVID-19 pandemic. The loan proceeds are to be distributed to small businesses in the form of “microloans,” not to exceed $5,000. Businesses that were active as of March 1, 2020, with physical locations in Belmond, Galt or Rowan are eligible to apply.

General Requirements:

The use of proceeds should generally be limited to working capital, notes payable, and accounts payable. Applicants will need to demonstrate how their revenue was adversely impacted by the COVID-19 pandemic, why the microloan funds are necessary to continue operations and how the funds will be used.

Eligible Businesses include Sole Proprietorships, Independent Contractors, Partnerships, Limited Liability Companies, Corporations, or a Subchapter S Corporations and must meet the Small Business Administration’s table of small business size standards at https://www.sba.gov/size-standards/

For a full list of guidelines and disclosures or to obtain an application you may visit Belmond City Hall, First State Bank or Green Belt Bank & Trust. Questions may be directed to Tate Goeman at 614.444.3956 or tgoeman@greenbeltbank.com.

Welcome to the City of Belmond Iowa

Please take the next few moments to visit our site, and learn more about the City of Belmond and the economic growth through business and community development opportunities with the Belmond Growth Alliance. We think you'll agree that Belmond has a rich legacy of community spirit exemplified by its people. From its newer medical clinic, newer elementary school, and remodeled hospital, to its newer city hall and newer fire station, Belmond has always been progressive while maintaining its heritage. Pay us a visit and see it for yourself, Belmond is a great place to live.

Local Business & Organization

City of Belmond
Access Lift LLC
H & K Plumbing & Heating
Jaspersen Insurance & Real Estate
ABCM CORPORATION
Alliant Energy
Belmond Community Apartments, Inc.
Belmond Country Club
The Belmond Drive-In
Belmond Independent
Belmond Historical Society
Boy Scouts of America
Bring It Back Scanning & Archiving
Cattleman's at the Club
eaton
Fareway
First State Bank
Green Belt Bank & Trust
Iowa Specialty Hospital
Kinseth Plumbing & Heating
KLMJ 104.9FM Hampton
Pheasants Forever
PropertyLink Real Estate
Printing Services Inc
Pritchards
Sugar Pie
Thrivent
True Value