Loan Application Coming Soon – What You Need to Know

The Energize Community Program Gap Fund Loan will provide $5.7M in small business loans for the East Colfax, Pueblo, Southwest Denver, and the Child Care Industry. The loan application will launch in June. Get on the waitlist below to receive updates about the ECP Gap Fund loan.

Hear from Ryan Cobbins, Director of the Gap Fund, about this new loan that will open in June.

Additional language options are below.


About the ECP Gap Fund Loans

In June 2022, the Energize Community Program will open the application process for Gap Fund Loans.

– Interest Rate: 2.5%
– Loan Size: Up to $20,000
– Term: Up to 36-months (3 years)

Uses include:
· Debt Consolidation
· Capital Improvements
· Payroll
· Rent/Lease
· Utilities
· Working Capital
· Equipment
· Inventory

How to Apply

Beginning in June, this page will host an online application. To apply, you will need to have the required financial documentation in order. To support you, please view this guide with links to videos that will help walk you through the documents you need to apply for a loan. Business advisors are available to support you gather the financial documents you need. Request a connection with a business advisor here.

To apply for the ECP Gap Fund loan, you will need the following documents:
  • Business Plan
  • Entity Documents (Colorado Secretary of State documents such as Articles of Organization, Articles of Incorporation, Certificate of Good Standing, etc.)
  • Industry-Specific Licensing (Sales Tax License, Environmental Health License, etc.)
  • Address Verification (Utility Bill, Bank Statement, etc.)
  • Personal and Business Bank Statements (3 months)
  • Personal and Business Tax Return(s) (1-2 years)
  • Profit Loss (Year to Date)
  • Balance Sheet (Year to Date)
  • Financial Projections
  • Quotes for equipment to be purchased
  • List of Collateral Available 
Types of Collateral: 

Collateral is defined as the total amount of assets owned clear and free and can including what will be used for the loan purpose if purchasing equipment, vehicles, long term assets.  Some types of collateral may include:

  • Equipment
  • Inventory
  • Jewelry ( with recent appraisal at liquidation value)
  • Autos owned free and clear
  • Commercial Vehicles (including tractors, utility tractors and food concession trailers)
  • Real Estate
  • Assignments of Contracts
  • Stocks & Bonds
  • Whole Life Insurance Policy with cash value
  • 3rd party collateral is an option
Energize Colorado will provide free business advising to assist in filing this application. If you have reviewed the information available online and still have questions, please reach out to our technical assistance team for help. We are available to answer simple questions, and help you prepare documentation ahead of time for when the application is released. You can call submit a request for support with financial assistance by filling out this form, or e-mail us at [email protected]. If you are requesting support unrelated to financial assistance, please fill out this form to get support from our partners at the Denver Metro SBDC.

Who is Eligible?

See if your business is eligible here.

  • ECP’s Gap Fund Loans are available to the small businesses/enterprises across these four communities: East Colfax, Pueblo, Southwest Denver, and Child Care Providers statewide.
  • This includes Colorado sole proprietors and registered small businesses including LLCs, S-Corps and other business types.
  • Fewer than 25 employees – Applicants must have fewer than 25 full-time equivalent (FTE) employees. An employer may use its off-season employee count.

To apply for the loan, applicants are required to attend or view the recording of one of the “About Funding Opportunities” virtual events. VIEW RECORDINGS HERE.

 Ineligible Borrowers
  • Cannabis Businesses
  • Gambling Businesses
  • Businesses with more than 25 Employees
  • Businesses Operating less than 2 years
  • These loans may be applied towards paying off bad debt.
  • If you have previously received loans from Energize Colorado, you are not eligible for this. However, if you received a grant from Energize Colorado, you may qualify.
  • This website will be updated with the application link soon.

See below for information in additional languages.

en españolClick Here
中文翻譯Click Here
Amharic – Click Here
Vietnamese – Click Here
Burmese – Click Here

Questions about the Energize Community Program?

General Questions: Direct them to [email protected]
You can also reach out to the Director of the Gap Fund, Ryan Cobbins, at any time: [email protected]
Are you interested in partnering with us? Connect with [email protected]

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