ECRDA COVID-19 Small Business Emergency Loan Fund Helps 28 Local Businesses, Board Ups Available Funds
Wednesday Apr 22nd, 2020
The Erie County Redevelopment Authority Board approved an increase of $375,000 to the COVID-19 Emergency Loan Fund, created to help small businesses survive COVID-19 closures.
“The rapid onslaught of requests showed the remarkable stress facing local businesses as they worked to avoid permanent closure," said Tine Mengine, Chief Executive Officer, ECRDA. “With the support of the Board, we have been able to provide businesses from retail and food service to manufacturing and service providers with more than one-million-dollars in emergency capital."