I have previously received an Impact loan, but I now need additional funds for my business. Can I reapply for another Impact loan?

The maximum Impact loan any individual/business can borrow at one time is $25,000. If you have an outstanding Impact loan that has a principal balance under $25,000, you may reapply for additional funds up to the $25,000 limit. Please note, a Loans Officer will require updated or additional information to process a new loan application. We recommend contacting your current Loans Officer regarding your new lending needs.

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