Small Business Forgivable Loan Application Now Available

Pike County anticipates having approximately $526,092 in Community Development Block Grant (CDBG) funding available for a new Small Business Forgivable Loan Program. Funding will be distributed beginning in August 2020. Eligible businesses can request up to $20,000.

For the loan to be forgiven, borrowers must retain or create a full-time equivalent job for a low- to moderate-income individual by March 31, 2021 and then retain that job for an additional 12 months.

Applications will be reviewed on a rolling basis.

Click here to download the complete guidelines and application.