SBA: Smallest of Small Businesses Prioritized in the Paycheck Protection Program
Steps to Promote Equitable Relief for Mom-and-Pop Businesses Building on a month of strong results, the Biden-Harris Administration and the U.S. Small Business Administration are taking steps with the Paycheck Protection Program to further promote equitable relief for America’s mom-and-pop businesses. The latest round of Paycheck Protection Program funding opened one month ago and already the Biden Administration has…
EDA: $19.3 Million in CARES Act Recovery Assistance Invested to Support Pandemic Response and Resiliency Efforts in Texas
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding $19.3 million in CARES Act Recovery Assistance grants to help the state of Texas prevent, prepare for, and respond to coronavirus. “EDA is committed to helping communities across the nation implement strategies to mitigate economic hardships brought on by the coronavirus pandemic,” said…
EDA: $6.7 Million in CARES Act Recovery Assistance Invested to Support Pandemic Response and Resiliency Efforts in California
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding $6.7 million in CARES Act Recovery Assistance grants to help communities and businesses in California respond to the coronavirus pandemic. “EDA is committed to helping communities across the nation implement strategies to mitigate economic hardships brought on by the coronavirus pandemic,” said Dennis…
EDA: $4.5 Million in CARES Act Recovery Assistance Invested to Boost Rail Capacity in Perry County, IN
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $4.5 million CARES Act Recovery Assistance grant to the Perry County Port Authority, Tell City, Indiana, to make railway infrastructure improvements needed to support the growth of manufacturing and other businesses in three local industrial parks. This EDA grant, to be matched…
EDA: $3.4 Million in CARES Act Recovery Assistance Invested to Boost Manufacturing Growth in Cohasset, MN
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $3.4 million CARES Act Recovery Assistance grant to the city of Cohasset, Minnesota, to build a 25,000-square-foot facility to house manufacturing tenants and a business incubator. This EDA grant, to be matched with $847,000 in local investment, is expected to create or…
EDA: $2.9 Million in CARES Act Recovery Assistance Invested to Increase Capacity Manufacturing Growth in Dickeyville, WI
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $2.9 million CARES Act Recovery Assistance grant to the Village of Dickeyville, Wisconsin, to support the construction of the Village’s new industrial park. This EDA grant, to be matched with $716,957 in local investment, is expected to create or retain nearly 100…
EDA: $2.7 Million in CARES Act Recovery Assistance Invested to Support Coronavirus Pandemic Response and Resiliency Efforts in Louisiana
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding $2.7 million in CARES Act Recovery Assistance grants to help the state of Louisiana prevent, prepare for, and respond to coronavirus. “EDA is committed to helping communities across the nation implement strategies to mitigate economic hardships brought on by the coronavirus pandemic,” said…
EDA: $2.8 Million in CARES Act Recovery Assistance Invested to Support Economic Growth and Resiliency Efforts in Missouri
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding $2.8 Million in CARES Act Recovery Assistance grants to help the state of Missouri prevent, prepare for, and respond to coronavirus. “EDA is committed to helping communities across the nation implement strategies to mitigate economic hardships brought on by the coronavirus pandemic,” said…
EDA: $2.4 Million in CARES Act Recovery Assistance to Expand Manufacturing Skills Programs at Alpena Community College in Michigan
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $2.4 million CARES Act Recovery Assistance grant to Alpena Community College, Alpena, Michigan, to renovate space on campus to create an advanced manufacturing lab and an updated welding shop. This EDA grant, to be matched with $600,000 in local investment, is expected…
EDA: $2.4 Million in CARES Act Recovery Assistance Invested to Establish a Revolving Loan Fund to Serve Businesses in Northwest Ohio
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $2.4 million CARES Act Recovery Assistance grant to the Toledo-Lucas County Port Authority, Toledo, Ohio, to create a Revolving Loan Fund (RLF) that will provide critical gap financing to coronavirus-impacted small businesses in Lucas, Ottawa and Wood counties. This EDA grant, to…