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Small Business Pollution Prevention (P2) loans
Small Business Pollution Prevention (P2) loans
The Small Business Pollution Prevention (P2) Loan Program provides the opportunity for small businesses to make big changes toward sustainability, waste reduction and energy conservation. The program provides loans of up to $400,000 at an interest rate of 5% or less to existing independently owned businesses with 500 or fewer full time employees. Projects that qualify for funding under the this program include those that either eliminate or reduce waste at the business location (source reduction), result in environmentally sound reuse and recycling for the loan applicant's generated wastes, or conserve energy or water on-site.
Through this program, your small business can apply for a low-interest loan in order to achieve your pollution prevention goals. We can partner with a lender of your choice to finance your project.
Contact us
Reach out to our Environmental Assistance Center by email at EGLE-Assist@Michigan.gov or by phone at 800-662-9278.