Colorado Lending Source | Apr. 16, 2020

Small Business Emergency Loans for Rural Colorado

Colorado Lending Source has made loan funds available specifically for businesses impacted by the COVID-19 pandemic and are located in rural Colorado. 

The intent of this program is to help small businesses survive and retain employees during these challenging times. Financing is available at a fixed interest rate over twenty-four months (two years) with no payments of principal and interest due during the first six months of the loan.

Loan Details

  • $10,000 loans
  • 3.00% fixed interest rate
  • Two year terms
  • Payments deferred for six months
  • Must be located in a rural community

Please click HERE and input your business address to identify if you are located in an eligible rural Colorado community.

Download Application Here

Once you've completed the application, please email to [email protected]

 

Link for how to calculate for PPP loans.