Community LendingWorks has partnered with the City of Cottage Grove to launch an Emergency Loan Fund for small business located within Cottage Grove city limits. The Cottage Grove Emergency Business Loan is available until the fund is fully committed.

This loan is available to small businesses located within the City of Cottage Grove which are adversely impacted by the COVID-19 crisis.

Loan terms:

  • Amount: up to $10,000
  • Interest Rate: 2%
  • Term: up to 60 months
  • Mandatory monthly business check-in during zero payment period
  • Repayment Schedule:
    • Months 1-6, zero payments (principal & interest deferred)
    • Months 7-12, interest-only payments (principal deferred)
    • Months 13-60, term principal & interest payments

If you have questions or need assistance, please email

Please note: our office is open M-Th until 6pm.

Select a link below to download the application & instructions.