Select Fulton COVID-19 ACE Loans On Hold Due to High Demand
Updated: Apr 24
Select Fulton, in partnership with the Development Authority of Fulton County (DAFC), developed the $1.5M DAFC Business Contingency Loan Program to support the Fulton County business community in the midst of the COVID-19 response. We appreciate all the local small businesses that applied for the Development of Fulton County Emergency Loan. Access to Capital for Entrepreneurs (ACE) is currently working on the abundance of loan applications that they received for this loan program. They received over 150 applications in less than 24 hours. Because of this, applications are ON HOLD for now while they process the applications they've already received to see if there is still funding available. As a reminder, the $1.5M Fulton County Emergency Loan Program is still currently ON HOLD as well. They will continue to work hard for small businesses and access to funding – please continue to check back at their website https://aceloans.org/ as they work to obtain additional funding/programs.