Funds can be used for capital needs, including 1) an improvement project of a permanent/fixed nature; 2) acquisition of both real property (through purchase or lease); 3) purchase of tangible personal property, including inventory; 4) construction, extension, remodeling or rehabilitation of buildings where individuals are employed or where machinery or equipment are housed; 5) the installation or extension of streets, sanitary sewer, water, or other utilities required to serve a project; and 6) operational expenses including business rent or mortgage payments and supplies for business operations.