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PROPEL Stories


Hannah Thompson's Reel Photography studio and Selfie Museum, located on Douglas across from East High, was funded in PROPEL’s initial round.

“This is my first time having a business loan and the process has been easy.”


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Help spread the word about PROPEL with informational flyers and social media  PROPEL Social Media Graphics_English3.jpg

PROPEL

 Applications for PROPEL funding are on hold temporarily.

 

Providing Resources & Opportunities for Proprietors, Entrepreneurs & Lenders

The PROPEL Small Business Loan Fund is a low-interest, short-term revolving loan program. The fund serves as another resource to help make access to capital more readily available to businesses located in the City of Wichita. The microloan program helps provide general working capital to qualifying small businesses.

The fund provides loans up to $20,000 to businesses that have the ability to repay a loan but may not be able to obtain financing through traditional sources.

Program Goals

  • Encourage business ownership and self-employment as a means of economic self-sufficiency for low- and moderate-income individuals.
  • Bridge the gap for businesses that might eventually qualify for bank financing and assist in preparing businesses for traditional bank relationships.
  • Spur job creation and retention for low- and moderate-income residents of the community who are employees of participating small businesses.
  • Promote entrepreneurship and business innovation as a means of harnessing the creative potential of small businesses and investing in the economic success of the community.

Requirements for PROPEL Loans

  1. Find out if your business is eligible for the PROPEL loan program and understand the criteria that drive the loan approvals
  2. Learn how to complete the PROPEL Application
  3. Read the FAQs

How to Apply for a PROPEL Loan

To apply for a PROPEL loan the business must: be located within the City of Wichita, fill out the program application, and provide the required business documentation. Directions for completing the application and Frequently Asked Questions are above.

Online ApplicationDownload/Print ApplicationModified Income StatementApplication ChecklistEmail Help Desk

Aplicacion en EspañolEstados de Ingresos ModificadosLista de Verificación de AplicacionMostrador de Ayuda

Applications can be completed online or downloaded as a PDF and printed.

Completed forms must be either mailed to Wichita City Hall or hand delivered to the first floor Information Desk at City Hall to the attention of PROPEL Loan Program by 5 pm on the 30th day of each month. Completed forms will NOT be accepted at the libraries or Neighborhood Centers.

Mailing Address:
City of Wichita
Attn: PROPEL Loan Program
13th Floor
455 N. Main
Wichita, KS 67202

Contact Information

The PROPEL Help Desk with the NetWork Kansas Referral Center can answer questions regarding eligibility and the application process. The PROPEL Help Desk is available at 877-521-8600 to respond to inquiries on weekdays from 9:00 a.m. to 5:00 p.m. 

For further information about the PROPEL program and administration, please email jmbuster@wichita.gov.