CITY OF ARVADA EMERGENCY SMALL BUSINESS LOAN FUND LOAN TO GRANT CONVERSIONConditions, and Agreement • July 20th, 2020
Contract Type FiledJuly 20th, 2020The entity (“Borrower”) previously applied for and entered into a loan agreement to obtain a small business loan up to the amount of $10,000 (hereafter “the Funds”) associated with the Emergency Small Business Loan Fund from the City of Arvada, a home rule municipal corporation of the State of Colorado (“City”). Borrower now seeks to apply for and convert the loan to a grant in accordance with the terms and conditions contained and referenced herein (hereafter “the Loan to Grant Conversion Agreement”). Should the Borrower’s application for a loan to grant conversion be approved, then the parties agree that the terms and conditions contained or referenced herein, including the attached terms and conditions, shall become the parties’ Loan to Grant Conversion Agreement.