UEZ Loan Applications Temporarily Closed
Perth Amboy Small Business Forgivable Loan Program
Urban Enterprise Zone (UEZ) Forgivable Loan Program
Application Status:
The loan application is currently
closed due to an excess number of applicants.
It
may reopen pending the review of current applicants and the availability of funds.
Important: Funds are limited. Applications are reviewed on a first-come, first-served basis.
Loan Details
- Loan amounts range from $5,000 to $50,000
- Fixed interest rate: 2.99%
- Term: typically 4 to 8 years
- Interest-only payments during the first year
- Eligible applicants may qualify for loan forgiveness
Who Can Apply
- Businesses must be enrolled in the UEZ and must be a registered business in Perth Amboy to qualify.
- This program supports small business owners through non-commercial lending.
Webinar Materials
Application & Next Steps
The loan application is currently not accepting new applications.
The application period may reopen after current applications are reviewed and if funding remains available.
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