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Elevate Rapid City (SD) – Bridge Loan Program

Agency / Department: Elevate Rapid City (SD)

Resource: Bridge Loan Program

Details: The Elevate Rapid City Emergency Bridge Loan Program is now available to small business owners located in the Rapid City area that are experiencing economic damage as a result of COVID-19. Loans can be up to $15,000 per eligible business.

These short-term, interest-free working capital loans are intended to “bridge the gap” between the time a major catastrophe hits and when a business has secured longer term recovery resources, such as sufficient profits from a revived business, receipt of payments on insurance claims or SBA assistance.

Link: https://elevaterapidcity.com/resources/bridge-loan

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