Bi-Weekly Update 5/6/2020

Colorado Funding Updates in Response to COVID-19

PPCF:
  • The Emergency Fund is no longer actively fundraising and has spent down most of the raised funds.
  • PPUW has transitioned away from actively fundraising for the relief fund and is focusing on internal fundraising efforts.

As we transition from relief to recovery, we will not continue providing updates on this fund.

Survive and Thrive COS Impact Fund
Small Business Loans

  • PPCF and Exponential Impact have created immediate 3-month payout SBA loans with 3-year notes of increasing interest rates (Year One: 0%; Year Two: 1%; Year Three: 2%)
  • Fund has $185,000 left in funds to distribute
  • Fund will be reviewing an additional 35 applications this week.
  • The fund will be ended this week.