Cleveland Deferring Payments on Small Business Covid Loans Until April
Posted By Sam Allard on Wed, Jan 20, 2021 at 3:51 PM briankeithdiaz/Instagram Since this summer, the City of Cleveland has loaned roughly $1.6 million to local small businesses in an effort to help offset the costs of hardship and lost revenue suffered during the pandemic. The loans of up to $10,000 each — disbursed to 161 Cleveland businesses — were meant to be applied to standard operations such as rent, utilities and capital costs. When the loans were announced...