$18 million in grant and loan funds made available through the American Rescue Plan for small businesses in Nashville and Davidson County are now open to applicants. Metro Nashville is partnering with Pathway Lending to administer the funds. Eligible small businesses can apply for a grant or start a loan application.
Eligible small business applicants must have a Davidson County postal address and physical location, 2021 annual revenue between $10,000 and $1,000,000, no more than 50 full-time employees, and must meet additional criteria. The program website details full eligibility criteria as well as frequently asked questions, grant and loan application guides and lists nonprofit program partners (see graphic below) providing technical assistance to help small businesses prepare applications.