Economic Development

GBT is committed to the success and longevity of the communities we serve. Since we are a utility, we have access to the United States Department of Agriculture’s Rural Development Loan and Grant Program (REDLG) which makes 0% loans available for rural economic development, job creation, and community facilities. Business start-ups and business expansions can apply for up to $1 million in loans; and community development projects can apply for up to $300,000 in loans. For more information on this, contact Kara Jecha at 785-372-4236, kjecha@GBTlive.com, or stop by our Rush Center office and visit with her about your project!

Economic Development - CT Scanner, Rush County Memorial Hospital, LaCrosse, Kansas

Rush Co. Memorial Hospital, LaCrosse – Community Development Loan (new CT scanner)

Economic Development - Ellis Days Inn, Ellis, Kansas

Ellis Days Inn – Business Start-Up Loan

Economic Development - BTI, Ness City – Business Development Loan, Ness City, Kansas

BTI, Ness City – Business Development Loan

Economic Development

St. John Marketplace, Business Start -Up Loan

USDA 0% Loans

USDA 0% Interest Loans Available through GBT for Rural Economic Development, Job Creation, and Community Facilities Business start-up and expansion projects can apply for up to $1,000,000. Community development projects can apply for up to $300,000.

Eligible activities include:

  • business start-up
  • business expansion
  • community development

Examples of activities not eligible include, but are not limited to:

  • refinancing of existing debt
  • speculative land purchases
  • projects of residential nature
  • transfer of ownership without expansion
  • 100% working capital loans
  • agricultural production

Projects must demonstrate they are economically viable AND have job creation potential by providing:

  • business plan containing projected balance sheets, income statements, cash flow statements, and a market/feasibility study;
  • a letter of intent from a lending institution to issue a “Declining Irrevocable Letter of Credit” ;
  • at least 20% supplemental funding of the total project cost by applicant.

For more information, contact Kara Jecha at 785-372-4236 or via email at kjecha@gbtlive.com.

Area Contacts for Economic & COMMUNITY DEVELOPMENT

GBT’s commitment to the success and longevity of the communities we serve involves working with area professionals in both Economic Development and Community Development. Here’s a link to the Resource Partners for our area!

www.wkreda.com

3 weeks ago
Photos from Golden Belt Telephone's post

GBT's March Employee Spotlight: Bryan

This is a special month as we celebrate Bryan's 25th anniversary here at GBT!

For 25 years, Bryan has been an essential part of the GBT team, helping build GBT ... See more

3 weeks ago

Join us in wishing a Happy Birthday to retired GBT Board Member, Ben Brenner, who is celebrating his 99th birthday today! 🎈🎂

Ben represented the Beeler and Ness City exchanges from 1976 – ... See more

3 weeks ago

GBT is excited to announce the winner of the 2020 Foundation for Rural Service Community Grant Award: The Hays Area Children’s Center, serving the Youth of Rush County!

They were one of 12 ... See more

1 month ago
Golden Belt Telephone

This is your last chance to fill out and submit your bracket if you want to play in the Golden Belt Telephone March Mania Challenge.

Brackets lock at 9:10 am PST/12:10 pm EST and will remain locked ... See more

March Madness is almost here!

Catch all of the games on StreamIT's TruTV, TBS, CBS, and TNT!

AND don't forget to sign up for GBT's Pick-It March Mania!

Make your selections, win prizes! ENTER ... See more

1 month ago

March Madness is almost here!

Catch all of the games on StreamIT's TruTV, TBS, CBS, and TNT!

AND don't forget to sign up for GBT's Pick-It March Mania!

Make your selections, win prizes! ENTER ... See more

1 month ago

It's SELECTION SUNDAY! 👏⛹️

Have you signed up for GBT's Pick-It March Mania? If not, now's the time! We look forward to this time of year because this is just one way we can give back to our ... See more

1 month ago
Who's ready for GBT's Pick-It March Mania?!

Who's ready for GBT's Pick-It March Mania?!

Sign up today and we'll remind you when it's time to make your selections 👉 https://gbt.pickitchallenge.com/

Here's the details:

Who: Open to ALL ... See more

1 month ago
GBT VEHICLES FOR SALE

We will be selling 2 of our fleet vehicles by sealed bid. Visit https://www.gbta.net/auction/ for details and bid sheet.

2012 GMC Sierra 1500 Pickup
- 1/2 ton, 4WD
- Ext Cab 4-door
- Gas
-Standard ... See more

1 month ago

Are you ready for the MADNESS?!

GBT is hosting Pick-It March Mania - a fun way for us to give back to YOU, our customers! Sign up here: https://gbt.pickitchallenge.com/, pick your teams, win GREAT ... See more

1 month ago
Golden Belt Telephone

REMINDER: Tomorrow is the last day. Get your applications in! 👍

UPDATE: FRS Youth Tour Scholarship - Awarding TWO $1250 scholarships!

HS Juniors and Seniors: Due to COVID-19 the Washington D.C. trip has been canceled... BUT there's still an AMAZING opportunity ... See more

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