For more information, please contact Bill Narotski at (614) 728-1264.For printed copies of this or other pollution prevention publications distributed by the Ohio Environmental Protection Agency, Office of Pollution Prevention, please call the Office of Pollution Prevention at 614/644-3469. A copy of the Office of Pollution Prevention publications distribution list, "Pollution Prevention Information Available from Ohio EPA", may also be ordered by calling 614/644-3469.
Low-interest loans are available for pollution prevention projects.
Small and medium-sized facilities in Ohio are encouraged to apply for a low-interest loan to help them purchase and install pollution prevention equipment.
The pollution prevention loan program provides low-interest capital improvement loans for the construction and/or purchase of equipment to complete pollution prevention activities at Ohio facilities with 500 or fewer employees. The program is jointly administered by the Ohio Environmental Protection Agency and the Ohio Department of Development.
"Many small and medium-sized facilities have taken advantage of this loan program since it was introduced last fall, but I would like to see more Ohio businesses using the funds that are available to them," said Ohio EPA Director Donald R. Schregardus. "This loan program allows smaller facilities to reduce the amount of pollution they generate at a lower cost than a conventional loan."
Loans are available from $25,000 to $350,000, at a fixed interest rate currently set at two-thirds of the prime rate. The loans also carry a 0.25 percent annual servicing fee that reduces with the principle. Preferential interest rates are available on a case-by-case basis in distressed areas of the state.
For more information, please contact Bill Narotski at (614) 728-1264.
Prevention Quarterly is published by the Ohio EPA, Office of Pollution Prevention. Please direct your comments to: Vanessa Smith, Ohio EPA, Office of Pollution Prevention, P.O. Box 1049, Columbus, OH 43216-1049, (614) 728-1262.