Community Corner
Dublin City Council Approves 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 8, 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 to offer financial assistance to Dublin small businesses. The objective of the program is to offer financial assistance to small businesses, with a focus on retaining local restaurants and retailers within Dublin to augment state and federal financial assistance programs.
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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.
The City of Dublin has created a microloan webpage, which details loan eligibility requirements and restrictions, as well as the application process.
Find out what's happening in Dublinfor free with the latest updates from Patch.
This press release was produced by the Town of Dublin. The views expressed here are the author’s own.
