COVID Business Recovery Grants and Loans are still available from Mecklenburg County
The Microbusiness Stabilization Fund is still accepting applications. it offers forgivable loans for up to $10,000 for businesses with five employees or less for companies in Cornelius, Davidson, Huntersville, Mint Hill, Matthews, and Pineville. Over $700,000 was left in that loan pool.
Also, applications are still being accepted for the Small Business Stabilization Loan Fund offers funding for businesses with 50 or fewer employees. The loan is for 10 years and carries a 3% interest rate and can range from $5,000 - $35,000 and are for Charlotte companies.
The funding for these programs comes from the CARES Act and must be spent by the end of 2020. For more information or to apply, click here.