Loans available for Delaware’s hospitality industry impacted by coronavirus
The State of Delaware’s Hospitality Emergency Loan Program (HELP) provides funds for Delaware businesses and nonprofits in the hospitality industry that are most significantly being impacted by the coronavirus pandemic. Museums and historic sites are among the organizations eligible for the program.
HELP offers no-interest loans of up to $10,000 per business per month. The money can go toward rent, utilities and other unavoidable bills but cannot be used for personnel costs. The loans have a 10-year term with payments deferred for nine months.
Go to the following for additional information and applications.