Residents donate to provide more Decatur Emergency Small Business Loans
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Decatur, GA — As applications for Decatur’s Emergency Small Business Loan Program have exceeded the $500,000 in funding provided by the city, ongoing resident donations are helping to making up the difference, a press release from the city says.
Those donations, provided through non-profit Legacy Decatur’s Decatur United fund, have totaled just over $30,000 in the past two weeks, more than half way towards a goal of $50,000.
Donations are tax-deductible and can be made at www.legacydecatur.org.
Applications for the 0% interest, deferred payback loans were submitted by a broad cross section of Decatur small businesses between May 5 and May 15. Citizen giving began at roughly the same time and will continue through the end of the month, the press release said.
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