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COVID-19 Rapid Recovery Loan

Thread Capital’s COVID-19 Rapid Recovery Loan supported North Carolina small businesses and family farms as they recovered from the economic impact of COVID-19. This rapid recovery loan helped small businesses bridge the gap between when crisis strikes and when federal loans and other relief funds are approved, or businesses have time to recover.

This was NOT a grant program. NC COVID-19 Rapid Recovery loans were not designed to be a singular source of assistance for small businesses. Repayment was expected either from more permanent funding sources or from the future cash flow of the business.

If you have already applied, please reach out to NC Rapid Recovery at [email protected] to inquire about the status of your application and someone will be able to assist you.

 
 

Application is now closed.