Local News

City partnering with Brightpoint for small business emergency loans

(Photo Supplied / City of Fort Wayne)

FORT WAYNE, Ind. (WOWO): The City of Fort Wayne is partnering with Brightpoint to provide small business emergency relief loans.

Brightpoint will manage the small business emergency relief program that has been funded by a $300,000 investment by the city’s Office of Housing & Neighborhood Services. The office received that money from the U.S. Department of Housing & Urban Development from the CARES Act.

Small businesses can apply for the program starting on Monday, Aug. 10 by calling Brightpoint at either 260-423-3546 ext. 601 or 1-800-589-3506 ext. 601 or by calling 311. Applications will be accepted from Aug. 10 to Aug. 24.

Loans of up to $20,000 are interest-free for businesses located within Fort Wayne with less than 30 full-time employees. Payments are forgivable for the first year. Eligible expenses include rent, utilities, changes to the business due to the pandemic, licenses and application fees.

Related posts

Grant County sex offender being sought by police

Tom Franklin

Tracy Lloyd wanted in connection to Fort Wayne robberies

Brooklyne Beatty

Fire Forces People to Evacuate Homes

Kayla Blakeslee

Leave a Comment