If you purchased commercial property for your small business after October 1, 2024, you can apply for up to $50,000 in closing cost reimbursement through the Main Street Acquisition Support Grant.
You must apply within one year of your closing date. The property must have been purchased through a conventional lender (bank, credit union, SBA lender or Community Development Financial Institution (CDFI). You must operate your business from at least 1,000 square feet of the building and remain there for five years.
Both for-profit and nonprofit small businesses meeting SBA size standards qualify.