Forgivable loans application now available to entrepreneurs, artists, 501c3 organizations, and employers. Please note, Community Foundation for Southern Arizona is not handling these loans. Questions should be directed to Roman Campuzano at firstname.lastname@example.org.
Applicants can apply between May 9, 2022 and August 9, 2022 at the Santa Cruz Forgivable Loan Program website: https://www.prestamosloans.org/santa-cruz-loan/
- Goal: provide loans to entrepreneurs, employers, and 501c3 nonprofits that are forgiven if certain conditions are met (to build assets)
- Loans “forgiven” if recipients secure financial asset building services for their own businesses, a matching loan, job training certification through the county’s workforce development office, or if they build community assets for a public purpose (such as public art or donating back to the local Santa Cruz County nonprofit community)
- Pandemic-impacted businesses, entrepreneurs (including start-ups), artists, and 501c3 nonprofits are eligible; recipients much be ages 18 and older.