Type to search

Businesses can apply for DeKalb County small business loan program starting Aug. 27

Business COVID-19 Decatur Editor's Pick Metro ATL

Businesses can apply for DeKalb County small business loan program starting Aug. 27

DeKalb County CEO Michael Thurmond. Photo by Dean Hesse.


Decatur, GA — This week, businesses can apply for small business loans being offered by DeKalb County to help companies affected by the COVID-19 pandemic.

The DeKalb County Commission approved the DeKalb Better Business Loan Program on Aug. 11.

“The program will be funded using $15 million from the county’s allotment of federal Coronavirus Aid, Relief and Economic Security (CARES) Act funding,” a press release from the county says. “The loan program was developed by DeKalb County CEO Michael Thurmond’s administration, in cooperation with the Small Business Subcommittee of the DeKalb COVID-19 Strategic Task Force, chaired by Steve Bradshaw, presiding officer of the Board of Commissioners.”

The county selected Citizens Trust Bank to administer $10 million of the loans. Small business owners can apply for up to $40,000 in loans beginning Aug. 27 through Sept. 7, 2020.

Loan applicants can use the money for the following expenses if their loans are approved:

·         Payroll (gross federal wages)

·         State unemployment taxes and local taxes

·         Employee benefits

·         Business mortgage interest

·         Business property rent payments

·         Commercial property utilities

·         Interest on other business debts

Business owners interested in more information can visit this link: www.dekalbcountyga.gov/COVID19loan

“We are fighting a pandemic that undermines the health and economic well-being of our county,” DeKalb County CEO Michael Thurmond said in a press release. “Small businesses have been hit hard and are critical to DeKalb’s economic growth and prosperity.”


Decaturish.com is working to keep your community informed about coronavirus, also known as COVID-19. All of our coverage on this topic can be found at Decaturishscrubs.com. If you appreciate our work on this story, please become a paying supporter. For as little as $3 a month, you can help us keep you in the loop about what your community is doing to stop the spread of COVID-19. To become a supporter, click here

Want Decaturish delivered to your inbox every day? Sign up for our free newsletter by clicking here


Decaturish needs your support!

Help us provide you with free, quality local news. Become a Decaturish.com supporter today

To chip in $3 a month, click here.

To chip in $6 a month, click here.

To chip in $60 a year, click here.
* Decaturish.com is not a 501-c-3 organization. Support of Decaturish goes toward our newsgathering efforts. Decaturish does not have a print edition.