CARES Act COVID-19
Revolving Loan Fund
From the Department of Commerce &
The Economic Development Administration
The U.S. Department of Commerce announced July 2020 that the Department’s Economic Development Administration (EDA) is awarding a $1,001,000 CARES Act Recovery Assistance grant to the River Valley Regional Commission (RVRC). These funds will be used to capitalize and administer Revolving Loan Funds (RLF) that will provide crucial capital to small businesses and entrepreneurs in the River Valley region that have been adversely affected by the coronavirus pandemic.
To find out more about if your business qualifies and what the loan covers, click on the links below:
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