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Funds Available for Small Businesses Impacted BY COVID – Sheridan Media

A revolving loan fund has been established for small businesses in Wyoming to help provide gap financing for those economically impacted by the coronavirus.
The Wyoming Smart Capital Network (WSCN) will be administering the Rural Development Fund with $4 million in grant money from the US Department of Commerce, Economic Development Administration’s CARES Act Recovery Assistance Program.
According to a release, EDA’s investment will be matched with $1 million from the WSCN, and is expected to create 200 jobs, retain 50 jobs, and generate $60 million in private investment.
Funds can be used for working capital, equipment purchases and land or building acquisition. Construction and renovation of owner-occupied buildings under $10,000 are also allowable. ....

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P3B in loans released

P3B in loans released
visayandailystar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from visayandailystar.com Daily Mail and Mail on Sunday newspapers.

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LANDBANK lends P237.62B to agri sector in 2020

Published January 29, 2021, 12:22 PM
The Land Bank of the Philippines’ (LANDBANK) agricultural loans grew from P236.31 billion in 2019 to P237.62 billion in 2020, more than half of which were given to small, medium, and large agribusinesses.
Of the P237.62 billion total outstanding loans, small, medium, and large agribusiness enterprises were granted P142.75 billion, while P50.89 billion was channeled to support agri-aqua related projects of local government units (LGUs) and government-owned and controlled corporations (GOCCs).
Meanwhile, P43.98 billion went to small farmers and fishers, cooperatives and farmers’ associations, rural financial institutions, and other conduits.
To be specific, LANDBANK assisted a total of 2.67 million farmers and fishers nationwide as of end-2020, which translates to a 133.5-percent accomplishment rate over the bank’s full-year target of two million. ....

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LandBank's agri loans reach P237.62B in 2020; helps 2.67M farmers, fishers

CALOOCAN CITY, Jan. 30 (PIA) The Land Bank of the Philippines (LandBank) expanded its total loan portfolio to the agriculture sector from P236.31 billion in 2019 to P237.62 billion in 2020, as the state-run bank remained aggressive in providing crucial lending support to the sector despite the challenges of the COVID-19 pandemic.
Of the P237.62 billion total outstanding loans, P43.98 billion benefitted small farmers and fishers, cooperatives and farmers’ associations, rural financial institutions and other conduits. Small, medium, and large agribusiness enterprises were granted P142.75 billion, while P50.89 billion was channeled to support agri-aqua related projects of local government units (LGUs) and government-owned and controlled corporations (GOCCs). ....

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Federal funding could come for hangar expansion | Roswell Daily Record

Copyright © 2021 Roswell Daily Record
The Roswell Air Center has received a preliminary commitment for a $2 million federal grant to expand one of its hangars to accommodate large planes.
City Manager Joe Neeb provided an update about the $8 million Hangar 84 expansion plans during a Thursday night meeting of the Roswell City Council.
“Our hangars, of course, are old, and they are actually too small for some of the larger planes that we are servicing out there,” he said.
Adding an extension onto the end of a hangar what the industry calls a doghouse would enable the current tenant, CAVU Aerospace, and possibly future tenants, to modern commercial planes completely inside the hangar. That is a requirement of the Federal Aviation Administration for some types of maintenance work. ....

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