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$2.6 million in loans issued to 16 businesses hit by COVID | News, Sports, Jobs

Another 16 businesses in Chautauqua County hurt by COVID-19 will benefit from low-interest loans. On Tuesday, the county Industrial Development Agencyโ€™s Board of Directors authorized $2.6 million in loans from its newly established Revolving Loan Fund. The money originated from the U.S. Economic Development Administration when it announced in September that the county IDA had been selected as a recipient of a $10.5 million grant through the CARES Act. The intent of the loan fund is to provid...
Mark Geise Kosciuszko Polish Home Association Inc Service Manufacturing Group Inc Cleaners Of Chautauqua Inc Service Manufacturing Group Us Economic Development Administration

IDA Announces Second Round of Federal EDA Funding for Businesses Impacted by COVID-19

IDA Announces Second Round of Federal EDA Funding for Businesses Impacted by COVID-19 A group of local, state and federal officials gathered in September 2020 to announce the County IDA had received $10.5 million from the U.S. Economic Development Administration to provide funding for low interest loans to assist businesses and organizations impacted by the COVID-19 pandemic. From left to right: Assemblyman Andrew Goodell; Joel Frushone, EDA Director โ€“ Office of External Affairs; Anthony Foti...
Michael Metzger Anthony Foti Paul Wendel Joel Frushone Wilfred Rosas George Borrello
Source: wrfalp.com

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