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Another 16 businesses in Chautauqua County hurt by COVID-19 will benefit from low-interest loans. On Tuesday, the county Industrial Development Agency’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 provide capital, in the form of low-interest loans, to both businesses and non-profit organizations as a means to respond to economic injury resulting from the COVID-19 pandemic. ....
Jan 26, 2021 Sixteen businesses and organizations have been approved for $2.6 million in funding by the Chautauqua County Industrial Development Agency through through the Coronavirus Aid, Relief, and Economic Security CARES Act. The entities approved for Round 2 funding include: The Service Manufacturing Group, Inc.; Monofrax, LLC; Dahlstrom Roll Form; the National Comedy Center; Southern Tier Environments for Living, Inc.; Kosciuszko Polish Home Association, Inc.; Reg Lenna Theater; Cheer Starz Sports Club; Cleaners of Chautauqua, Inc.; Falconer Power Sports, Inc. dba Harley Davidson of Jamestown; Lynn Development, Inc.; Ready About Sailing, Inc.; Rocky’s Karate; MKJM, LLC dba The Landmark; Scott’s Peek n’ Peak, LLC; Maple Springs Inn; and Lidos Crescent Inn, Inc. ....