Agency / Department: New Bern Area Chamber of Commerce
Resource: COVID-19 Small Business Loan Program
Details: The loans from this initiative will assist local businesses with the financial strains of the COVID-19 pandemic crisis. Loans will be based on two-month’s rent or mortgage payment of the business, with a maximum loan amount of $10,000. Loans will be zero-interest with no payments for the first 12 months, and twelve equal principal payments in year two. Additional details will be forthcoming.