The Columbia Emergency Loan Fund offers loans of up to $5,000 at a 1% interest rate for manufacturers (including home-based ventures) of Prepared Foods, Personal Care (Hair, Skin, Nail) Products, Textiles/Clothing, Bed and Bath, and Gifts. To be eligible businesses must be located north of 96th Street in Manhattan, and have revenue of under $50,000. The term of the loan is 36 months, with a 12-month grace period and the ability to have a portion of the loan forgiven. To apply click here.