City of Huntingburg Offering Loans to Small Businesses Impacted by COVID-19 Outbreak

FROM LOCAL SOURCES

HUNTINGBURG -- The city of Huntingburg is offering a helping hand to small businesses during the COVID-19 outbreak.

The Huntingburg Emergency Loan Program is available to applicants for up to $5,000 with an interest rate of 1.5%.  The funds are being made available through the pre-established Huntingburg Revolving Loan Fund. 

“We recognize the extreme hardship on our local businesses during this unprecedented time,” says Mayor Denny Spinner. “While both state and federal programs like this are already available to small businesses, our goal is to offer support on a local level, as well, which we hope will help minimize the economic impact of this COVID-19 pandemic on our neighbors and friends.”

There will be two rounds of grant funding. Applications for the first round will be due on Thursday, April 30, 2020 and awarded on Monday, May 11. To be eligible for the Huntingburg Emergency Loan Program, applicants must be an existing business within the City limits of Huntingburg. HELP applications are available online at huntingburg-in.gov.