The Village has an Economic Development Loan for anyone wanting to start a new business in Warren. If interested, please contact the Village Clerk for an Economic Development Loan Application. After the app is filled out, please bring back to the clerk. The Economic Development Committee will meet after the clerk has received the application and the committee will give its recommendation to the Village Board who will then either approve or refuse this application. This is a loan at 4% interest and needs to be paid back to the village usually over a 5 year amorization schedule with the monthly payments being direct deposited.