Minimum Eligibility Requirements
Maximum Loan Amount
The maximum available loan amount is $100,000 or up to 100% of your business’ revenues for any three-month period prior to the COVID pandemic outbreak (in 2019 or the first quarter of 2020) whichever is less. The maximum loan amount available under this program is $100,000.
- For-Profit Business: 4.0% Fixed Interest Rate For up to 60 Months
- Nonprofit Business: 3.0% Fixed Interest Rate For up to 60 Months
Have questions about your eligibility? Visit SOAR’s website for more details or contact a member of BBIF’s loan team today at firstname.lastname@example.org.