City of Columbia opens loan recovery program to assist small businesses

3 weeks 4 days 21 hours ago Thursday, September 03 2020 Sep 3, 2020 Thursday, September 03, 2020 10:12:00 AM CDT September 03, 2020 in News
By: Halle Upshaw, KOMU 8 Digital Producer
COLUMBIA- The City of Columbia Housing Programs Division is announcing a loan program for locally owned small businesses with five or fewer employees. 
The Microenterprise Recovery Loan Program application will be open Sept. 15, 2020 from 8 a.m. to 5 p.m. 
Businesses that are eligible for the program can receive a $5,000 loan to cover any interruptions caused by COVID-19.
A list of program guidelines and required application materials can be found on the City's webpage.
Additional funding for businesses with more than five employees will be announced in early October. 

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