Caesars Foundation Announces Small Business Loan Program

An important message from the Caesars Foundation:

Due to the COVID-19 pandemic, Caesars Foundation of Floyd County, in partnership with One Southern Indiana, and the Community Foundation of Southern Indiana, has established the Community and Cultural Relief Loan Program (CaCRLP). The program is intended to provide access to operating capital to specific small businesses, within Clark and Floyd Counties, whose operations and cash flow have been negatively impacted by the 2020 COVID-19 pandemic. Qualified business categories include locally owned and operated bars and restaurants, entertainment venues, boutiques, salons and retail that are not part of a national chain or franchise. 

Funds will be awarded based on demonstrated need and must be used exclusively for overhead and operational expenses (i.e., payroll expenses, rent, utilities). The Caesars Foundation Revolving Loan Committee will determine funding eligibility, review applications and documents, and require details explaining the need and proposed use of funds from the business owner(s).

Deadline to apply is May 6th at 5pm. The full application, as well as eligibility requirements, can be found by clicking HERE.