From staff reports
Small businesses impacted by the COVID-19 public health emergency can apply now for low-interest state loans, according to state Sen. Scott Hutchinson.
The COVID-19 Working Capital Access Program will feature a low interest rate, no application fees, and payments and interest waived during the first year of the loan. Loans of up to $100,000 will be available for small businesses with 100 or fewer full-time employees to use as working capital.
Business owners who are interested in applying should contact their local Certified Economic Development Organization.