San Francisco Arts Commission + Grants for the Arts: Northern California Grantmakers Arts Loan Fund / COVID-19 Emergency Loan
Loans As Much As $50,000 With A 2.5% Interest Rate
Visit www.ArtsLoanFund.org/covid-19-emergency to access this resource. The San Francisco Arts Commission + Grants for the Arts: Northern California (NCG) are introducing the Grantmakers Arts Loan Fund / COVID-19 Emergency Loan. Loans can be as high as $50,000 with a 2.5% interest rate. Loans can cover any emergency need identified by the borrower to help the organization stay solvent until Federal/State/County restrictions on social gatherings are lifted and events and programming can be resumed.
It is expected that most loan proceeds will be used to pay staff salaries, artists, rent, and other operating costs. Loans must be repaid within 12-24 months and the repayment plan is to be determined by NCG staff and borrower.