FAME has set aside $5 million in funding for the COVID-19 Relief Business Direct Loan Program.
As of Thursday, April 2, we have received requests exceeding $5 million, but not all of those applications will be approved.
You are still welcome to apply for this program, but please know that we may not be able to fund your request.
You may also wish to consider FAME’s other COVID-19 relief programs involving loan insurance through local lenders, as well as SBA interim financing:
Additionally, FAME’s regular FAME Direct Loan Program remains available, although not featuring the COVID-19 relief special terms. Similarly, FAME’s regular Commercial Loan Insurance, tax credit, and bond financing programs remain available for business financing.