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Business plans for Veterans
The Oregon Department of Veterans Affairs (ODVA) is offering a zero interest small business repair loan to help veterans get their businesses back on track.
The program, aimed directly for National Guard and Reserve veterans, is designed to help veterans whose businesses suffered setbacks during their deployment, and to help them recover their businesses when they return home, so they are employed and can employ others.
The Small Business Repair Loan program offers a zero-percent interest rate and loans up to $20,000. Applicants must be honorably discharged veterans, own 51 percent of their businesses, and the businesses must have had a setback when the veterans were deployed.
Qualifying veterans must apply for this loan within one year of returning from deployment.
For more information on the Small Business Repair Loan, please contact ODVA at 888-673-8387 or 503-373-2070.
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