Pandemic Opportunities Response Program Loans (PORPL)

Community Futures Tawatinaw Region (CFTR) understands that the COVID-19 pandemic has caused much hardship to small business, but has also presented opportunities. As a result, we are pleased to offer the PORPL program to assist businesses in pursuing those opportunities.

Small business owners who see these opportunities can apply for loans up to $40,000 through the Pandemic Opportunities Response Program Loans.

These Businesses must have been turned down by a traditional financial institution.

General Details:

• Maximum loan of $40,000;
• 0% interest for 12 months, 4% after the first 12 months;
• No payments for 3 months;
• Maximum loan term of 5 years;
• 10% application fee which will be forgiven if the loan is repaid as agreed;
• Principal repayments can be voluntarily made at any time without penalty;

Eligibility of Businesses:

• The business must have been declined by a traditional lending institution
• The business must be located within the region of Community Futures Tawatinaw
• Subject to the Community Futures Tawatinaw Terms and Requirements

Please note: Once you submit your application, you will receive an email notification that is confirmation we have received your application and are working on your request. Rest assured a CF representative will contact you as soon as possible. Thank you for your cooperation and understanding.