Morgan County is a TVA Special Opportunity County. With this designation, TVA SOC loan funds are available to potential industries based on the number of jobs created.
County Micro-Loan Fund, Morgan County has, in conjunction with USDA Rural Development, a revolving loan fund to help small business in the county. Loans are capped at $10,000 each with payback periods as long as 60 months. The interest rate for this program is very competitive.
For more information you can contact:
United Business Resources, Inc. P.O. Box 979 Wartburg, TN 37887 Tel: 423-346-6288
Industrial Revenue Bonds are available to qualifying industries with proper approval. For more information you may contact the Morgan County Executive’s office at 423-346-6288.
The Morgan County Economic Development Board owns several business properties and buildings and can tailor their own incentive package to meet specific industrial customer needs.
For more information about these programs you can call 423-346-9400 or visit Morgan County Economic Development Board's website.