Community Living | Coupon | Police Scanner | E-News Signup | Archives | Merchant Directory | Dining Guide
Have a HOT TIP? Call 704-276-6587 Or E-mail us At LH@LincolnHerald.net
Advanced Search
Lincoln Herald | Lincolnton, NC


home : news : business May 25, 2020

3/31/2020 5:22:00 PM
Mt. Holly & Belmont Offer Emergency Loans to Businesses

Ted Hall, President
Montcross Area Chamber of Commerce


Stay at home orders in Gaston County and North Carolina have closed many small shops, restaurants and other businesses and severely curtailed services at many more. Federal disaster relief programs are coming, but immediate help is what's needed to keep local small businesses from failing.

That critical need is what prompted the professional staffs and City Councils in Mount Holly and Belmont to develop programs that can put checks in the hands of local businesses in days rather than weeks.

Mount Holly Small Business Loan Program 

This loan program provides emergency, short-term loans to small businesses located within the city limits of Mount Holly for the purpose of paying up to three months' rent or mortgage payments of the business in order to secure the physical business location from eviction or foreclosure during this state of emergency. Loans to eligible small businesses are the actual monthly rental or mortgage payment of the business, not to exceed the sum of $5,000 per month for up to three months, which would be a total of $15,000 for each small business.

CLICK HERE FOR MORE DETAILS & TO APPLY FOR A MOUNT HOLLY LOAN

Belmont Small Business Emergency Loan Program

The city of Belmont will offer $400,000 in small business emergency loans to locally owned, non-franchise businesses located within the Belmont corporate limits as part of the City’s “Keep the Lights on in Belmont” program. Loans to eligible small businesses will be awarded in amounts up to $10,000 to help cover operating expenses until state or federal assistance is available or until the economic crisis passes.

CLICK HERE FOR MORE DETAILS &  TO APPLY FOR A BELMONT LOAN

SBA loans are also available during the pandemic.  For more information about all these programs, businesses in the eastern half of Gaston County can contact the Montcross Area Chamber of Commerce at 704-825-5307.  While the office is closed due to the pandemic, phones are still being answered and member services handled by phone and email.  



3 - Lincolnton Animal Hospital - April Generic

CLICK HERE
to have us email you 
the latest news every day--
 
Over 6,000 readers have now signed up for our FREE email service and receive an email every day with links to all our articles posted since the previous day's email.  As one reader put it: "It's like getting a newspaper delivered to your email in-box every day--for FREE!"  If you haven't already, sign up now for this free service.  That way, you won't miss the latest news, sports and other items of community interest for Lincoln, Gaston, Catawba & Cleveland counties.   

To make sure you get the latest updates, also like our Facebook page at LincolnHerald.net and follow us on Twitter @LincolnHerald20.



1 - Alps Mtn - Taking Care Of




Article Comment Submission Form
Please feel free to submit your comments.

Article comments are not posted immediately to the Web site. Each submission must be approved by the Web site editor, who may edit content for appropriateness. There may be a delay of 24-48 hours for any submission while the web site editor reviews and approves it.

Note: All information on this form is required. Your telephone number is for our use only, and will not be attached to your comment.
Submit an Article Comment
First Name:
Required
Last Name:
Required
Telephone:
Required
Email:
Required
Comment:
Required
Passcode:
Required
Anti-SPAM Passcode Click here to see a new mix of characters.
This is an anti-SPAM device. It is not case sensitive.
   























HomeNewsState NewsReligionOpinionSportsObituariesExtrasCommunityClassifiedsSubmitLife

Terms and Use | Merchant Directory | Dining Guide
Site Design and Content
Copyright Lincoln Herald, LLC 2011-2019

 


Software © 1998-2020 1up! Software, All Rights Reserved