Interest-Free Loans Available for Person County Small Businesses

September 1, 2020

Our COVID-19 Resources page has been updated to include a new opportunity for Person County small businesses. Interest free loans are now available through the Kerr Tar Council of Governments (COG). See below for more information, including a full media release from the Kerr Tar COG about the "Open for Business" Loan Program, or visit www.kerrtarcog.org to apply. 

Eligibility Requirements:

• 1-99 Employees
• In business for 12 months or more
• Located in Vance, Granville, Franklin, Warren, or PERSON Counties
• Able to demonstrate a loss of revenue since the start of COVID-19

Terms:

• Interest Free
• $10,000-$100,000
• 5-10-year term

Eligible Uses:

• Working Capital
• Equipment

Person County is a part of the Research Triangle Region of North Carolina, with proximity to the Piedmont Triad Region, and is a border county to Virginia. Person County Economic Development serves as the primary contact for business and industry seeking to locate or expand in Person County. Contact us today for available buildings, sites, or other information.