Small Business Loan Program
Small Business Loan Program supports small businesses through community lenders in North Aurora, Southeast Colorado Springs, and Trinidad to advance economic development and community services.
Funder: Department of Local Affairs
Funding Amounts: Small business loans through participating community lenders
Summary: Supports small businesses through community lenders serving North Aurora, Southeast Colorado Springs, and Trinidad to advance economic development and community services.
Key Information: This is a loan program delivered through non-depository Community Development Financial Institutions, not a direct grant application to DOLA.
Description
The Department of Local Affairs’ Small Business Loan Program supports economic development and community services through lending programs serving North Aurora, Southeast Colorado Springs, and Trinidad. Small business loans are made available through non-depository Community Development Financial Institutions (CDFIs), with local lending channels provided by Rocky Mountain MicroFinance Institute, CEDS Finance, and Colorado Enterprise Fund.
The loan program sits within a broader investment effort supporting community loan and grant programs in north Aurora, southeast Colorado Springs, Grand Junction, and Trinidad. The small business lending component specifically identifies programs serving North Aurora, Southeast Colorado Springs, and Trinidad.
