Community Corner
Applications Now Being Accepted For Dublin Small Business Emergency Microloan Program
The program provides zero-interest, unsecured, short-term loans of up to $10,000 to eligible Dublin small businesses.
May 26, 2020
To help mitigate the negative impact of COVID-19, the Dublin City Council recently approved the establishment of a Small Business Emergency Microloan Program. The objective of the program is to offer financial assistance to Dublin small businesses, with a focus on retaining local restaurants and retailers within Dublin.
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The program provides zero-interest, unsecured, short-term loans of up to $10,000 to eligible Dublin small businesses. The loan program offers a forgiveness component for those businesses that meet the longevity and/or the sales tax generation requirements.
A link to the application portal is now available on the City of Dublin’s microloan webpage, which also details loan eligibility requirements and restrictions, as well as the application process.
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The online application portal opened at 8:00 a.m. on May 26, 2020. Applications will be reviewed on a first-come, first-served basis. The application portal will close on June 30, 2020, or when funding has been exhausted, whichever occurs first.
This press release was produced by the Town of Dublin. The views expressed here are the author’s own.
