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Commerce Invests $22.8M in CARES Act Funding to Capitalize Revolving Loan Funds to Help Businesses Across Eastern New York
September 11, 2020
WASHINGTON, Sept. 11 -- The U.S. Department of Commerce's Economic Development Administration issued the following news release on Sept. 10:

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department's Economic Development Administration (EDA) is awarding $22.8 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 adversely affected by th . . .

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