Industry News

EDA: $3.6 Million Invested to Improve Water System Infrastructure and Reliability in Dayton, OH

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $3.6 million grant to the city of Dayton, Ohio, to purchase and establish new electric generators needed to ensure continued business operations in Montgomery and Greene counties. The EDA grant will be matched with $900,000 in local…

EDA: $3.2 Million Invested to Make Critical Wastewater Improvements Near Beverly, WV Opportunity Zone

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $3.2 million grant to the town of Beverly, West Virginia, to make flood control infrastructure improvements needed to protect manufacturing and other businesses from flooding. The EDA grant, to be located near a Tax Cuts and Jobs Act Opportunity…

EDA: $3 Million Invested to Help Enhance Critical Infrastructure and Disaster Response Services for the Thlopthlocco Tribal Town

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $3 million grant to the Thlopthlocco Tribal Town, Okemah, Oklahoma, to support economic development and diversification efforts within the tribal area, as well as providing necessary infrastructure for disaster response. The EDA grant is expected to create…

EDA: $1.5 Million in CARES Act Recovery Assistance Invested to Expand Broadband Access Across New Mexico

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.5 million CARES Act Recovery Assistance grant to the New Mexico Department of Information Technology, Santa Fe, New Mexico, to provide technical assistance for state government entities seeking to expand broadband infrastructure and services in response to…

EDA: $1.2 Million Invested to Support Growth of Aerospace Sector Near Charleston, WV Opportunity Zone

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.2 million grant to the Central West Virginia Regional Airport Authority, Charleston, West Virginia, to make infrastructure improvements needed to support the growth of aerospace businesses at the Yeager Aviation Business Park. The EDA grant, to be…

SBA: Simpler PPP Forgiveness for Loans of $50,000 or Less Announced

The U.S. Small Business Administration, in consultation with the Treasury Department, today released a simpler loan forgiveness application for Paycheck Protection Program (PPP) loans of $50,000 or less. This action streamlines the PPP forgiveness process to provide financial and administrative relief to America’s smallest businesses while also ensuring sound stewardship of taxpayer dollars. “The PPP has provided…

EDA: $4.7 Million Invested to Make Critical Roadway Improvements in Franklin County, VA Opportunity Zone

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $4.7 million grant to Franklin County, Virginia, to support business growth by improving roadway infrastructure within the Summit View Business Park. The EDA grant, to be located in a Tax Cuts and Jobs Act Opportunity Zone, will be matched…

EDA: $4.2 Million Invested to Boost Water System Capacity in Petersburg, IN Opportunity Zone

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $4.2 million grant to the city of Petersburg, Indiana, to improve and expand its water system to support existing businesses and attract new business. The EDA grant, to be located in a Tax Cuts and Jobs Act Opportunity Zone,…

EDA: $4 Million Invested to Make Wastewater Infrastructure Improvements in Exmore, VA

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $4 million grant to the town of Exmore, Virginia, to build a new flood-resistant wastewater treatment plant that will increase the city’s capacity to protect businesses from flooding and encourage additional business development. The EDA grant, to…

EDA: $2.6 Million Invested to Make Flood-Resistant Infrastructure Improvements Needed in Jefferson County, NE

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2.6 million grant to Jefferson County, Nebraska, to make roadway infrastructure improvements needed to ensure access to the county’s largest employer during flood events and support future business growth. The EDA grant, to be matched with more…