Forgivable loanVerified June 23, 2026

Rockford Business Advancement Program (Forgivable Loan)

City of Rockford Economic Development · City · Illinois

Amount
Up to $25,000
Deadline
Annual cycle — check back for the next opening.
Money-truth check

Forgivable loan. A loan that converts to a grant only if you meet the forgiveness conditions — until then, it's debt.

Who qualifies (in plain words)
  • For-profit businesses in eligible areas within Rockford city limits
  • Business stage: growth, established
  • Priority: None (open)

Full eligibility is confirmed against the official program rules — sign up free to check your specific business.

Do you qualify?

GrantDuck checks your business against this program's real requirements — free to try, no percentage fees ever.

GrantDuck is not affiliated with this program's administrator. Always verify current details with the official source — free accounts can see the official link inside the app.