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Village of Callaway
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  • Home
  • About & Photos
  • Events
  • Directory
  • Things to Do
  • Lodging
  • Community
  • Employment Opportunities
  • Chamber of Commerce
  • Village Board & Ordinance
  • Economic Development

LB840 Applications

Application Loan - LB840 Loan Application (pdf)

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Application Grant - LB840 Building Exterior Enhancement Grant Application (pdf)

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Application Grant - LB840 Intern Program Grant Application (pdf)

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LB840 Loan

LB840 Building Exterior Enhancement Grant

LB840 Building Exterior Enhancement Grant

Matching up to 50% of business start up or project costs. Requires clearance by Loan Committee and Callaway Village Board. Low interest, typically 0%-2% over as long as 10 years. Available to any business based, looking to be based or looking to expand into Callaway.

LB840 Building Exterior Enhancement Grant

LB840 Building Exterior Enhancement Grant

LB840 Building Exterior Enhancement Grant

Intended for Callaway business exterior improvements, paint, signage, lighting, cement work, landscaping, etc . . . Must have 50% funds gathered. Actively seeking sidewalk restoration 50% match Main streets are priority but all public sidewalks considered.

LB840 Intern Program Grant

LB840 Building Exterior Enhancement Grant

LB840 Intern Program Grant

Supplements an intern program matching up to 50% of paid wages, up to $1000

Business and projects made possible by LB840

Duplex on S. Grand Ave.

    LB840 Application Flow

    1. APPLY

    2. Loan Application Review Committee Approval/Denial

    3. Callaway Village Board Approval/Denial

    Overall review of the program - Citizens Advisory Committee

    LB840 Committees

    LB 840 Application Review Committee

    LB 840 Application Review Committee

    LB 840 Application Review Committee

    Great Western Bank - Stacey Guthard (Started 2022)

    Nebraska State Bank - Jacob Parsons (Started 2022)

    Community Member - Shelly Griffith

      

    The Application Review Committee is established to provide citizen input and expertise in financial review and application funding. The committee’s role is to review the application and make a recommendation concerning any assistance to the Village Board.


    The Application Review Committee will be composed of three (3) members to be appointed by the Village Board. The members of the Committee shall be residents of the Village of Callaway. At least two (2) members must have experience in banking or lending. Committee members must sign a Confidentiality Statement and be available to meet as needed with appropriate notice. The Program Administrator shall serve as ex-officio, but non-voting member of the Application Review Committee. The individual members of the Committee shall serve a three (3) year term with a maximum of one (1) term. 


    The Village Board has appointed one (1) Committee member position to Great Western Bank who will appoint a qualified representative to serve.


    The Village board has appointed one (1) Committee member position to Nebraska State Bank & Trust Co. who will appoint a qualified representative to serve. 

    LB 840 Citizen Advisory Committee

    LB 840 Application Review Committee

    LB 840 Application Review Committee

    Dick G-Schwind  (2022) 

    Kay Fahnholz (2023)

    Heather Callahan 

    Tina Donegan 

    Community Member - (OPEN)


    The Citizen Advisory Committee is established to review the functioning and progress of the LB840 Program at regular meetings, and advise the Village Board with regard to the Program and to report its findings and suggestions at a public hearing called for that purpose, at least once every six months. 


    The Citizen Advisory Committee shall consist of not less than five (5) or more than ten (10) members who shall be appointed by the Village Board. The members of the Committee shall be residents of the Village of Callaway. At least one (1) member must have experience in business finance or accounting. Committee members must sign a Confidentiality Statement and be available to meet as needed with appropriate notice. Except for the Program Administrator who shall serve as ex-officio member, no member shall be an elected or appointed Village Official, an employee of the Village, or a participant in a decision-making position regarding expenditure of the Program funds. The individual members of the Committee shall serve a three (3) year term with a maximum of two (2) terms, with term commencement dates staggered so there are at least two term (2) groups. 

    LB840 Necessary Information

    Nebraska LB840 Guide to Program Implementation (pdf)Download
    Callaway LB840 Economic Development Plan (pdf)Download

    Copyright © 2023

    Village of Callaway - All Rights Reserved.   

    PO Box 157, Callaway NE 68825 

    (308) 836-2262  - Callaway@gpcom.net


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