Ewing Marion Kauffman Foundation – KC COVID-19 Small Business Relief Loan Fund

Agency / Department: Ewing Marion Kauffman Foundation

Resource: KC COVID-19 Small Business Relief Loan Fund

Details: To assist some of our area’s most distressed businesses, the Foundation will grant $500,000 to AltCap’s KC COVID-19 Small Business Relief Loan Fund. This grant will leverage funding from others in the community to allow AltCap, a Kansas City-based CDFI with a strong 15-year track record of loans to underserved populations, to offer 0% interest rate microloans with no collateral requirements and a deferred six-month payment structure to small businesses in the Kansas City metro area that have experienced economic injury during the pandemic response.

Link: https://www.kauffman.org/currents/our-response-to-immediate-needs-covid-19/