Source:  NCDA&CS, 10/7/20

The N.C. Rural Center is currently accepting applications for the N.C. COVID-19 Rapid Recovery Loan Program. Businesses can borrow up to $250,000 with no payments and 0.25 percent interest for the first 18 months, and a 102-month repayment term. Small businesses and family farms in need of assistance are encouraged to consider applying for this program to sustain or adapt their business to the realities of the pandemic. Deadline to apply is Oct. 15.

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