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Georgia CDBG Business Loan Program

Georgia Department of Community Affairs (DCA)GA-CDBG-BLRefreshed 1 month ago
Do I qualify?
Who can apply

Businesses, Gov entities

Government-funded

Max funding

$750K

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 for businesses creating jobs in Georgia communities receiving CDBG funds. Loans of $50,000–$750,000 administered through local governments for manufacturers and businesses creating jobs primarily benefiting low-to-moderate income workers.

Key Requirements & Eligibility

  • 1Project must be in a Georgia community receiving CDBG funds
  • 2Local government administers loan on behalf of state
  • 3Must create or retain at least 1 job per $35,000 in CDBG funding
  • 4At least 51% of jobs must benefit low-to-moderate income workers
  • 5Loan at or below prime rate; typically 3–6% interest

Do I qualify?

Answer the questions below for a rules-based self-assessment of your fit for this program. This is informational — final determinations are made by the administering agency.

0 of 5 answered

1.Project must be in a Georgia community receiving CDBG funds

2.Local government administers loan on behalf of state

3.Must create or retain at least 1 job per $35,000 in CDBG funding

4.At least 51% of jobs must benefit low-to-moderate income workers

5.Loan at or below prime rate; typically 3–6% interest

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