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U.S. Department of Commerce Invests $8.8 Million in CARES Act Funding to Capitalize Revolving Loan Funds to Help Small Businesses Across Alabama Respond to Coronavirus
August 08, 2020
WASHINGTON, Aug. 8 -- The U.S. Department of Commerce's Economic Development Administration issued the following news release on Aug. 7:

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department's Economic Development Administration (EDA) is awarding $8.8 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 adve . . .

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