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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 adversely affe . . .

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