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Find similar grantsSmall Business Opportunity Loan Fund is sponsored by City of Durham and Durham County. Offers low-interest loans to small businesses in Durham with fewer than 50 employees.
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Small Business Opportunity Loan Fund | Durham Economic Development, NC Small Business Opportunity Loan Fund Small Business Opportunity Loan Fund Apply for Low-Interest Small Business Loans The City of Durham and Durham County established the Durham Small Business Opportunity Loan Fund program to support small businesses located throughout Durham. The fund is held and administered by the Carolina Small Business Development Fund (CSBDF).
Visit the CSBDF website to apply today! Loans from $5,000 - $35,000 12 months of interest-only payments Many eligible uses, including to refinance high-interest debt from predatory loans! Durham businesses with fewer than 50 employees Food trucks and home-based businesses included!
In the summer of 2020, the fund was known as the Small Business Recovery Fund. It was created during the height of the COVID-19 pandemic. At that time, thanks in part to funds from Duke University, the Small Business Recovery Fund distributed just over $800,000 in loans to 38 small business owners in Durham.
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According to the current listing, eligibility includes: Small businesses in Durham with fewer than 50 employees. Confirm the full requirements in the official notice before applying.
The current listing shows $5,000 - $35,000. Verify award ceilings, matching requirements, and allowable costs in the official notice.
Small Business Opportunity Loan Fund accepts applications on a rolling basis — there is no single fixed deadline. Check the official notice for any cycle-specific review dates.
Small Business Opportunity Loan Fund is funded by City of Durham and Durham County. Verify program details on the funder's official page before applying.
Start from the official opportunity page linked in this listing — it carries the sponsor's submission instructions.