U.S. Department of Commerce Invests $5.4 Million in CARES Act Funding to Capitalize Revolving Loan Funds to Help Small Businesses Across Connecticut Respond to Coronavirus
July 29, 2020
July 29, 2020
WASHINGTON, July 29 -- The U.S. Department of Commerce's Economic Development Administration issued the following news release on July 28:
U.S. Secretary of Commerce Wilbur Ross announced that the Department's Economic Development Administration (EDA) is awarding $5.4 million in CARES Act Recovery Assistance grants to capitalize and administer Revolving Loan Funds (RLFs) that will provide critical gap financing to small businesses and entrepreneurs that have been adversely affected . . .
U.S. Secretary of Commerce Wilbur Ross announced that the Department's Economic Development Administration (EDA) is awarding $5.4 million in CARES Act Recovery Assistance grants to capitalize and administer Revolving Loan Funds (RLFs) that will provide critical gap financing to small businesses and entrepreneurs that have been adversely affected . . .