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Seven more businesses receive forgivable loans for COVID-19 recovery - Vimarsana News

Seven more businesses receive forgivable loans for COVID-19 recovery

ANGOLA — Seven more Angola businesses adversely impacted by COVID-19 were awarded forgivable loans on Thursday, bringing the total number of local businesses that have received financial assistance in 2020 and 2021 to 16. Everage Auto, Just Breathe Salt Room & More, Caleo Cafe, Mitchell’s Fine Men’s Clothing, The Hatchery Restaurant, Angola Sports Center and M.B.C. Distributing all received loans from the Angola Investment Fund (AIF) during the recently concluded third round of funding. The amount of each loan ranged from $5,000 to $10,000 and was determined by the adverse impa...