Funded through the Athens-Clarke County Unified Government (ACCGov), the Joint Development Authority (JDA) of the Unified Government of Athens-Clarke County and the City of Winterville is opening a third round of applications for low-interest emergency loans from $3,001 to $12,500 to provide assistance to local small businesses and 501c(3) non-profits impacted by COVID-19.
The $1 million emergency Turntable Revolving Loan Program is funded through the ACCGov Mayor and Commission’s Resiliency Package. In the fall of 2020, Rounds 1 & 2 of funding distributed just over $550,000 in low-interest loans to 59 small businesses and non-profits within Athens-Clarke County.
Applications for Round 3 of JDA loans will open at 8:30 AM on Monday, June 7, 2021, with an application submission deadline of Friday, June 18. Emergency low-interest loans are targeted to both small businesses and 501c(3) non-profits with 1-20 employees that are physically located in Athens-Clarke County.
More information, including eligibility criteria, is available through a link on www.accgov.com/jda. The application will be available and open on the linked website at 8:30 AM on Monday, June 7.
The mission of the Joint Development Authority of the Unified Government of Athens-Clarke County, Georgia and the City of Winterville is to equitably support entrepreneurs to revive and grow successful small businesses in Athens-Clarke County, increase revenue, create new jobs, and foster economic connections among and between Athens-Clarke County businesses, as well as globally.