Perth Amboy Small Business Forgivable Loan Program
Perth Amboy Small Business Forgivable Loan Program
Urban Enterprise Zone (UEZ) Forgivable Loan Program
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 3 to 8 years
- Collateral must be pledged
- Interest-only payments during the first year
- Eligible applicants may qualify for loan forgiveness
Who Can Apply
- Businesses must be enrolled in the UEZ to qualify.
- This program supports small business owners through non-commercial lending.
Webinar Materials
Application & Next Steps
At this time, you may express interest by submitting a pre-application form.
You will be notified once the application period officially opens.
Conditions and full terms will be provided when the application opens.