Apply for the CDBG Small Business Loan Program

Application Process

Applicants must complete and submit a SBLP funding application to the City’s Development and Design Department.  Applications will be reviewed by the City’s Small Business Loan Program Advisory Committee.  The Advisory Committee will meet after the application is received and review the application.  SBLP applicant finalist will be asked to present their request to the Advisory Committee prior to final award.

Review Process

The Advisory Committee will convene to make funding decisions within 30 days after reviewing the SBLP applications and hearing presentation, when appropriate.  Applicants will be notified of their application’s approval or rejection and funding amount, by the Development and Design staff.  The terms of the CDBG SBLP grant and payment amounts will be determined on a case-by-case basis, in consultation with Development & Design staff.  SBLP grants are paid out only after all criteria has been satisfied.

Applications should be submitted to:

City of Morganton Development & Design Department Office
305 E. Union Street, Morganton, NC
Attention: Lisa Helton, Program Administrator

For more information, call Lisa Helton at 828-485-4281.