Region 10 Economic Disruption Loan Program
Funding Amount
Up to $10,000
Deadline
Deadline not published
Grant Type
Foundation
Overview
Geographic Scope: Region 10 service area (Delta, Gunnison, Hinsdale, Montrose, Ouray, and San Miguel counties, Colorado)
Overview:
Region 10's Small Business Resource Center provides assistance to businesses experiencing economic distress and/or disruption through SBDC business consulting, technical assistance services, and loan fund assistance.
Loan Details
- Award Amount: Up to $10,000 per business
- Terms: Flexible terms with 90-day initial payment deferral
- Use of Funds: Working capital or gap financing of other SBA Disaster Loan Programs
- Special Features: For existing loan fund clients, Region 10 offers Loan Extension and Modification allowing deferral of payments for up to 90 days
Contact Information
- Dan Scinto: 970-765-3126 (loan program inquiries)
- Nancy Murphy: 970-765-3130 (technical assistance and consulting)
- SBDC Consulting Registration: Available for businesses seeking technical assistance or consulting on how to prepare for/recover during economic disruption
How to Apply
How to Apply
- For Loan Program Assistance:
- Contact Dan Scinto at 970-765-3126
- Discuss loan needs up to $10,000
- Flexible terms available with 90-day initial payment deferral
- For Technical Assistance or Consulting:
- Contact Nancy Murphy at 970-765-3130
- Register for SBDC consulting (online registration available)
- Consulting available on business preparation and recovery strategies
- For Existing Loan Fund Clients:
- Contact Dan Scinto to discuss Loan Extension and Modification options
- Payment deferral options available for up to 90 days
Additional Resources
- The Disaster Recovery and Continuity Guide for Colorado Businesses is available for download
- Region 10 partners with local and state partners for additional business assistance
What Region 10 League for Economic Assistance and Planning Inc actually gave
Source: IRS Form 990, 2022
- Grants in 2022
- 30
- Total given
- $410K
- Median grant
- $15K
- Range
- $7,500–$58K
- By dollars: Colorado 100%. Top recipient cities: Delta, CO; Montrose, CO; Crested Butte, CO.
- 73% of recipients were new grantees, not repeat recipients.
Example grants
Senior Community Meals Inc · Eckert, CO
Senior support
$58K
Montrose County Sr Citizens Transpo · Montrose, CO
$24K
Delta Theaters LLC · Delta, CO
$18K
Action Learning Associates LLC · Crested Butte, CO
$15K
Buffington Enterprises LLC · Gunnison, CO
$15K
Focus Areas & Funding Uses
Fields of Work
- Small businesses
- Economic services
Categories
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