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Rural Growth Incentive Program Emergency Loans – Loans

Agency / Department: Rural Growth Incentive Program Emergency Loans

Resource: Loans

Details: Under this program, the Department may declare an emergency and make loans to “Essential Service Companies.” These include gas stations; pharmacies; grocers and, in some cases, restaurants.
Communities with less than 2,500 in population are eligible
The request to North Dakota Development Fund is a dollar-for-dollar match by the city
A community can apply for $25,000 to $75,000 in matching funding
Loan terms are based on individual needs

Link: https://ndresponse.gov/covid-19-resources/covid-19-business-and-employer-resources/covid-19-financial-resources/state

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