Small Business Owner’s Resources during COVID-19 Crisis

NORTH DAKOTA

State and Local Resources for Small Businesses

Primary Sector Business Loans

Loans and equity investments up to $1 million for companies certified as primary sector under North Dakota Development Fund

Childcare Loan Program

Loans up to $100,000 with 2.5% interest rate to certified daycare providers to ensure continuity

Rural Growth Incentive Program Emergency Loans

Essential services companies such as gas stations, pharmacies, grocers, and in some cases, restaurants can apply for loans from $25,000 to $75,000

North Dakota Opportunity Fund

In response to the Coronavirus (COVID-19) outbreak, the North Dakota Opportunity Fund (NDOF) Steering Committee has approved a disaster assistance loan pro…

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ADDITIONAL RESOURCES

Economic Injury Disaster Loan & Emergency Grants

Provides low interest loans of up to $2 million and emergency advance of up to $10,000 to small businesses and private non-profits affected by COVID-19 within 3 days of applying for SBA Economic Injury Disaster Loan.

Apply for SBA Loans

Provides low interest loans of up to $2 million and emergency advance of up to $10,000 to small businesses and private non-profits affected by COVID-19 within 3 days of applying for SBA Economic Injury Disaster Loan.

Small Business Debt Relief

Small Business Debt Relief Program provides immediate relief to small businesses with non-disaster SBA loans. This program applies to loans such as 7(a), 504, and microloans.

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