Job Protection Loan Program

Program Name: Job Protection Loan Program

Resource Type: State

State: Mississippi, Gulf of Mexico

Agency: Program Source: Loan

Description: The Job Protection Loan Program is available to provide loans to “at risk” industries that have been operating in the state for at least three years and that have jobs that have lost jobs or are at risk to lose jobs because such jobs have been outsourced. “Outsourced” means Mississippi jobs are being lost and relocated to industries in foreign countries. Funding from this program can be used by “at risk” industries that retain jobs in Mississippi and improve productivity.