EDA: $3.9 Million Invested to Establish Advanced Manufacturing and Construct Center of Excellence in Perry County, KY Opportunity Zone
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $3.9 million grant to the Kentucky Community and Technical College System, Versailles, Kentucky, to renovate an existing technological building at Hazard Community and Technical College in Perry County to house the College’s new Advanced Manufacturing and Construction…
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…
Census Bureau: Small Business Pulse Survey Phase 2 Weekly Data Released
The U.S. Census Bureau today released new data from the second phase of the experimental Small Business Pulse Survey. Data collection began Aug. 9, 2020. Results will be released weekly starting Aug. 20 through Oct. 15, 2020. The second phase includes questions on the core concepts from the first phase of the survey, as well as…
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: $7.9 Million Invested to Make Flood Control Infrastructure Improvements in Hamburg, IA
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $7.9 million grant to the city of Hamburg, Iowa, to make critical infrastructure improvements needed to protect businesses along the Missouri River from flooding. The EDA grant, to be matched with $1.9 million in local investment, is…
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…