Town of South Boston
455 Ferry Street
South Boston, VA 24592
[email protected]

Destination Downtown South Boston
432 Main Street
South Boston, VA 24592
[email protected]

The Town of South Boston and Destination Downtown South Boston have partnered to form a $250,000 loan pool to support small business needs during this time of economic uncertainty.

This fund offers businesses loans up to $5,000 that will be repayable over three years at 0% interest. The first six months payments will be deferred with the loan to be paid off over the next 30 months. While this won’t likely make or break many businesses, the mission is to help offset expenses while cash flow is down.

Below you will find information about the loan program guidelines. Loan applications will be accepted on a rolling basis until funds are exhausted. Simple financial statements are required as are some basic qualifications including a statement of impact from COVID-19. Acceptable uses of the financial assistance include operational expenses like rent, payroll, and utilities, as well as purchase of inventory and marketing.

Click here to download and fill out the form offline. Otherwise fill out the form below.

  • You will receive a copy of your application.
  • Up to $5,000
  • Your application must include these items to be considered.
  • Files size can not exceed 2MB. If you have trouble uploading files click here to send us an email. Attachments must be sent to [email protected] AND [email protected]
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