Pathway Lending Offers $25,000 Grants to Murfreesboro Businesses
Wells Fargo-funded Neighborhood Growth Grants will support 15 to 20 small businesses in Murfreesboro, with applications closing November 17.
Updated on Nov. 5, 2026 in Openings & Closings
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Pathway Lending is awarding $25,000 grants to 15 to 20 small businesses based in Murfreesboro through the Neighborhood Growth Grants Program, which is funded by Wells Fargo. Grant recipients will be randomly selected from among eligible applicants, and the application period closes November 17.
Why it matters
The grants are designed to help local businesses build resilience and support long-term growth in the Murfreesboro area. The program is also intended to contribute to economically stable neighborhoods.
Pathway Lending will award $25,000 to each of 15 to 20 businesses, with eligibility limited to for-profit operators with storefronts and annual revenue between $100,000 and $2 million. The extraction does not specify how many businesses applied or how many meet the eligibility criteria.
The players
Pathway Lending
Pathway Lending is a Tennessee-based community development financial institution certified by the U.S. Department of the Treasury that has financed over 1,800 businesses and delivered more than $640 million in direct lending since 1999.
Wells Fargo
Wells Fargo is a major national banking company that funds the Neighborhood Growth Grants Program in Murfreesboro.
The details
Eligible businesses must be for-profit operations with a storefront or commercial space located within zip codes 37127 through 37133. Funds may be used for general operating needs, asset acquisition, or building improvements, and all applicants receive access to free business coaching and educational resources from Pathway Lending.
Timeline
November 17: Grant application period closes.
December: Wells Fargo branch associated with the program is scheduled to open in Murfreesboro.
Openings & Closings Context
The program extends Pathway Lending's U.S. Treasury-certified community development mandate into direct grants, following its record of more than 1,800 business loans since 1999. The arrangement pairs a federally certified lender with a corporate funder's branch expansion in the same city.
Eligible Murfreesboro business owners in zip codes 37127 through 37133 with storefronts and $100,000 to $2 million in annual revenue can apply before November 17 for a $25,000 grant that may cover operating costs, equipment, or building improvements. Applicants also gain free coaching and educational resources regardless of selection.
The takeaway
Small business owners in Murfreesboro's eligible zip codes should review the program requirements now, since the application window closes November 17. Applicants who are not selected still receive free business coaching and educational resources from Pathway Lending.
What happens next
The grant application period closes November 17, and the Wells Fargo branch associated with the program is scheduled to open in Murfreesboro in December.
Further reading
Find more local updates in Openings & Closings for Murfreesboro.
More information
Review the Neighborhood Growth Grants application and selection details on the Pathway Lending website.
Source note: This article includes information reported by The Murfreesboro Pulse.
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