Great Work — Utah

Uintah Basin Economic Development District

resource active confidence: Medium status: Draft updated 2026-08-11

Type
resource
Status
Draft
Confidence
Medium
Tier
D
Builder-tier
C
Founder-tier
C
Activity-signal
2026-06-25 · https://www.utah.gov/pmn/files/1449721.pdf
Activity-checked
2026-08-14
Focus
Close or Exit a Business, Entrepreneurship Communities, Funding
Primary Location
Roosevelt, UT
Utah Location
Daggett County, UT; Duchesne County, UT; Uintah County, UT
Region
Uinta Basin
Map Location
330 East 100 South, Roosevelt, UT 84066
Coordinates
40.2980868, -109.9868242
Location Precision
exact
Location Source
https://www.ubaog.org/economic-development-district
Website
https://www.ubaog.org/economic-development-district
Updated
2026-08-11

Summary

The Uintah Basin Economic Development District (UBEDD), housed within the Uintah Basin Association of Governments, supports economic diversification and small-business growth in Daggett, Duchesne, and Uintah counties. The original RLF page is marked under construction; the CARES Act RLF program description and application contacts are live.

Who It's For

Businesses located in Daggett, Duchesne, or Uintah counties seeking gap financing, COVID-affected business recovery support, or regional economic-development planning resources. Also relevant to community leaders working on basin-wide CEDS priorities.

What It Provides

Revolving loan fund financing ($5,000–$250,000 per published CARES Act guidelines), CEDS regional strategy documents, and staff support for loan applications and board review. Published loan uses include working capital, land/building purchase, and COVID-related rent/payroll/utilities.

How To Use It

Start with the official website, then confirm current programs before recommending.

Cost / Eligibility

Published CARES Act RLF terms include: businesses in the three counties; job creation/retention of at least one FTE per $25,000 borrowed within two years; minimum 67% private leverage; $75 application fee, 1% origination fee, and legal/closing costs; personal guarantees required. Interest rates set case-by-case. Verify whether the CARES RLF is still open or superseded by the under-construction standard RLF.

Best Fits

Uintah Basin employers needing subordinated gap financing tied to job creation, especially when bank leverage is already lined up.

Less useful for pre-revenue startups without collateral, businesses outside the three-county area, or founders seeking equity investment.

Evidence

Open Questions

  • When will the standard (non-CARES) RLF page launch and what terms will replace the CARES program?
  • Does UBEDD offer business advising beyond loan administration?