U.S. Department of Commerce Invests $1.6 Million to Capitalize Revolving Loan Fund and Support Small Businesses in Montgomery, Alabama
September 17, 2021
September 17, 2021
WASHINGTON, Sept. 17 -- The U.S. Department of Commerce's Economic Development Administration issued the following news release on Sept. 16, 2021:
U.S. Secretary of Commerce Gina M. Raimondo announced that the Department's Economic Development Administration (EDA) is awarding a $1.6 million grant to the South Central Alabama Development Commission in Montgomery, Alabama, to capitalize and administer a Revolving Loan Fund, providing gap financing to local small businesses. . . .
U.S. Secretary of Commerce Gina M. Raimondo announced that the Department's Economic Development Administration (EDA) is awarding a $1.6 million grant to the South Central Alabama Development Commission in Montgomery, Alabama, to capitalize and administer a Revolving Loan Fund, providing gap financing to local small businesses. . . .