Agency / Department: Providence, RI
Resource: Providence Business Loan Fund (PBLF)
Details: Effective immediately, PBLF will offer loans starting at $10,000 to provide working capital to support business-related expenses. New loan recipients will also receive closing costs capped at $500, zero interest for up to 12 months, and deferred loan payments for 6-12 months. To further address the current disruption to the business community, PBLF is suspending the accrual of interest and fees on the loans to all current borrowers in April.