After you apply and complete the paperwork with a GroundBreak origination partner, you can expect to get the first-half installment of $25k in around 7 days after approval. Most recipients get their loan funds within a month of starting the process.
What collateral do I need for the loan?
You do not need collateral to receive financing through the GroundBreak Entrepreneurship Forgivable Loan Program.
Scroll to Top […] To qualify for GroundBreak entrepreneurship financing, you must be a for-profit business currently operating in the 7-county metro. You must have evidence of operations and/or revenue beyond a business plan and demonstrate the intention to grow, such as recent hiring or expansion plans.
What can I do with GBC business loan funds? […] Start
> ## “It helps us to say Yes to things that we could only say No to before. Now I’m investing in people that can help me dream