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Coronavirus (COVID-19) Relief Center

Coronavirus (COVID-19) Relief Center

Ohio

These resources – like the public health crisis itself – are constantly evolving and are only current as to the date of publication. This page was last updated on June 30, 2020.

For more up-to-date information on the relief programs available in Ohio, we recommend that you visit the state's Department of Health website. 

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Description of Program and Relief

Ohio Appalachian Region Small Business Loan Program

The Ohio Development Services Agency and the Governor’s Office of Appalachia will provide $10 million in funding to help small businesses in Ohio’s Appalachian region through the COVID-19 pandemic. Appalachian Growth Capital LLC, which is a U.S. Treasury-Certified Community Development Financial Institution that provides small business financing in the 32-county Appalachian region of eastern and southern Ohio, will offer loans to small businesses at 2 percent interest. The maximum loan amount is $500,000, and businesses will have the ability to defer payment for up to six months. The list of Ohio’s 32 Appalachian counties is available here.

Government or Lead Agency

Ohio Development Services Agency & Governor’s Office of Appalachia

Dates Available

Effective immediately

Eligibility Requirements/Restrictions

Businesses located in the 32-county region with less than $40 million of revenue in the most recently completed tax year are eligible. Additional information about the application process can be found here. Businesses can apply online here.

Application Deadlines (If Applicable)

N/A. However, applications will be reviewed on an ongoing basis until funds are completely expended.

Contact for More Information

If you have any questions, visit the Ohio Development Services Agency’s website or contact the Governor's Office of Appalachia at (614) 728-3182.

List of Additional Information

To apply or for additional information, please visit the Ohio Development Services Agency website.

Small businesses in Ohio can learn more about this program and other resources available through the Office of Small Business Relief and Development.


© 2021 Paul, Weiss, Rifkind, Wharton & Garrison LLP. This does not constitute legal advice and does not create an attorney-client relationship. In some jurisdictions, this publication may be considered attorney advertising. Past representations are no guarantee of future outcomes.

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