Applications that are complete and accurate will be promptly reviewed and acted upon by the Board of Directors. A non-refundable application fee must accompany a completed application upon submission. Submit completed application to wribley@eieda.com.
Bond Fees:
- Application Fee- A $2,000 non-refundable application fee is due when the application is submitted.
- Issuance Fee- This service fee is 80 Basis Points (0.0080) x bond amount on Private Entities issues and 40 Basis Points (.0040) x bond amount on Not-for-Profit Issues, and 15 Basis Points (.0015) x bond amount on Government issues.
- Other miscellaneous fees include the cost of the Issuer and Underwriter / Lender Bond Counsel.
Fee payments are payable to Eastern Illinois Economic Development Authority (EIEDA) and sent to Springfield Office: PO Box 9079 Springfield, IL 62791.
