Goals of the program

Tabor 100 is making it easier for small business owners to get funding by offering low-interest loans with fewer requirements than traditional banks. These loans are designed to help you free up cash, pay down debt, and build better credit.

  • Business owners who want to build credit with our partner banks (Tapco or Evergreen)
  • Business owners who don’t qualify for regular bank loans
  • Business owners looking for a character-based loan (not a traditional bank loan)
  • Business owners who operate or do business within the state of Washington
  • Black, Latine, or Native American communities
  • Businesses outside of Washington State
  • Non business owners
  • Businesses primarily engaged in political or lobbying activities
  • Businesses that restrict patronage for any reason other than legal requirements
  • Licensed Cannabis or Liquor Operations
  • Businesses engaged in any predatory activity such as high cost/high interest rent-to-own businesses and check cashing businesses (see FAQ for additional examples)
  • Business owners who have already received a loan through a Tabor 100 loan program

Please note that we review and select businesses in waves, typically once per quarter. While we don’t have an exact timeline for when selections will be made, we will follow up with applicants via email once a decision is made. If your business is not selected during the current wave, we encourage you to reapply. If you have already received a loan through our program please do not apply again as you will not be awarded another loan. Our goal is to support as many businesses as possible.

* If you are in urgent need of funding, please be sure to clearly explain the reason in your application.

Tier 1 – Start Up

Award Amount

$3,500

Supports self-employment opportunities, capacity building to become an employer and increased income stability for the business owner.

Tier 2 – Recovery

Award Amount

$6,500

Supports businesses recovering from disruptions or seeking stabilization to sustain operations, retain employees and improve job quality.

Tier 3 – Growth

Award Amount

$10,000

Supports established businesses in creating new jobs and talent pipelines, increasing wages for employees, and supporting advancement and training pathways for workers.

A total of $200,000 in grant funding is available with varying amounts allocated for each tier. These funds are anticipated to support approximately 28 total grants with an estimated 8 grants awarded for Tier 1, 8 grants awarded for Tier 2, and 12 grants awarded for Tier 3.