Business

GPCOG launches micro-loan program

Helping small businesses and nonprofits during the COVID-19 crisis.

|Announcement from Greater Portland Council of Government|

The Greater Portland Council of Government is launching a Rapid Response Micro-loan Program to support the region’s small businesses and nonprofits that need working capital amidst the COVID-19 crisis.

Qualifying businesses and organizations will be eligible for loans of up to $10,000 at 0% interest for the first two years. Portions of the loan may be forgiven if businesses meet certain requirements or participate in other GPCOG initiatives. Keep reading