Agency / Department: JFCS’s Navigate Enterprise Center
Resource: Micro-Business Bridge Loan
Details: This loan program administered by JFCS’s Navigate Enterprise Center will provide loans up to $3,000 at zero percent interest with a six-month grace period before the first payment is due. Eligible entities are sole proprietors and businesses with fewer than five employees. The owner’s household income must be at 80% AMI or less; the business must have been open at least six months, and the business must be able to demonstrate losses due to the COVID-19 pandemic.