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COIC, Community Lending Works Launch Small Business Loan Program

CENTRAL OREGON -- The Central Oregon Intergovernmental Council (COIC) has started an Emergency Loan Fund for small businesses in partnership with Community Lending Works. Economic Development Manager Scott Aycock says the maximum loan amount is 10-thousand dollars in Deschutes county and 20-thousand dollars in Crook and Jefferson counties. Aycock says businesses will also need to write a brief recovery plan explaining how they will survive. The loan application period runs next week, Monday through Friday. Applications can be made on the Community Lending Works web page.

 

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