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@sidail.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 Southern Illinois Economic Development Authority (SIDA) and sent to SIDA Office: PO Box 9079, Springfield, IL 62791.
