Quick Loan

Quick Loans are interest-free loans of $1,500 or less, designed to address
immediate, essential financial needs while requiring fewer steps and potentially
less detailed documentation than the standard assistance request process. The
Quick Loan Program gives commanding officers and officers-in-charge a way to
quickly address temporary financial problems that may arise amongst their crew.

It is not open to individuals who have an outstanding loan balance
with CGMA or who are on the CGMA Admin Hold status. An individual may
receive a maximum of two Quick Loans within any 12-month period. Assistance
requests not meeting these criteria must be processed through the standard
application process.

List of expenses with pen and calculator

Amount

Up to $1,500

Type of Assistance

Interest-Free Loan

Eligibility

Active Duty
Civilian Employees
PHS Officers and Chaplains
Reserves

Start with Your CGMA Rep

Start with your local CGMA Representative

There are more than 600 Coast Guard Mutual Assistance Representatives to help you.

FIND MY REPRESENTATIVE

How to Apply

Gather these documents:

  • Your Coast Guard ID
  • Bills or estimates of costs

Apply directly online:

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