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Utah Small Business Bridge Loan Program

The Utah Governor’s Office of Economic Development is offering a bridge loan to Utah-based small businesses with 50 or fewer employees impacted by the COVID-19 pandemic.

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Should I apply for the Utah Small Business Bridge Loan Program?

Does my business qualify for the loan?

1. Were you in operation on or before January 1, 2020?

2. Do you have 1- 50 employees?

3. Do you have employees on your payroll who have had payroll taxes withheld? (W-2 employees)

Your business does not qualify



Between $5,000 to $20,000; loan amounts shall not exceed 3 months of operating expenses

How much will I qualify for?

Your business qualifies

Is the loan forgivable?


Are there collateral requirements?


What are the terms of the loan?

  • Payroll expenses

  • Rent

  • Mortgage payments

  • Utility expenses

  • Other similar expenses that occur in ordinary operations

What can the loan be used for?

1. 5 year term

2. 0% interest rate

3. Repayment will be deferred 90 days following expiration of the local emergency

Key Benefits of the USBB Loan:

Does Not Disqualify for SBA Loans

Receiving capital for the Utah Bridge Loan does not disqualify you for any SBA loan

0% Interest Rate

Interest rate for this loan is 0%

Repayment Terms

Loan repayment does not start for 12 months

How and when to apply for the Utah Small Business Loan Program?

Apply directly to the Utah Small Business Bridge Loan Program, here. The second deadline for the loan ends April 2nd at 11:59pm. Based on availability, there may be additional deadlines in the future.

What else should I know about this loan?

This bridge loan is not for nonprofits. Nonprofits are encouraged to apply for SBA Economic Injury Disaster Loans.

Preference for funding will be given based on the following criteria:

  • Businesses that have experienced severe economic impact due to the COVID-19 pandemic.

  • Businesses that can demonstrate a multiplier impact on other industries.

  • Businesses that play a key role within a strategic state supply chain.

  • Businesses that pay above-county-average wages.

  • Businesses that employ full-time workers.

  • Businesses whose complete application demonstrates solvency before the current economic crisis.

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