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LoanBoston, MAActiveVerified

Boston Small Business Recovery Loan Fund

City of Boston Office of Economic Opportunity and Inclusion (OEOI)BOS-SBRLRefreshed 1 month ago
Do I qualify?
Max funding

$75K

per applicant

Type

Loan

Below-market financing

Deadline

Rolling

No fixed cutoff

Timing

Rolling

Apply when you're ready

Complexity

Moderate

Underwriting required

About This Program

Low-interest loans of $5,000–$75,000 for Boston small businesses that cannot access conventional financing. Part of Boston's neighborhood small business recovery strategy, with priority for businesses in historically underserved neighborhoods.

Key Requirements & Eligibility

  • 1Business must be located in Boston and have 50 or fewer employees
  • 2Loans: $5,000–$75,000 at 3% fixed interest
  • 3Priority for businesses in economic empowerment neighborhoods
  • 4Must demonstrate business viability and job retention
  • 52–5 year repayment term; technical assistance included

Do I qualify?

Answer the questions below to get an instant self-assessment of your fit for this program. This is informational — final determinations are made by the administering agency.

0 of 5 answered

1.Business must be located in Boston and have 50 or fewer employees

2.Loans: $5,000–$75,000 at 3% fixed interest

3.Priority for businesses in economic empowerment neighborhoods

4.Must demonstrate business viability and job retention

5.2–5 year repayment term; technical assistance included

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