Loan Funds available for local businesses feeling the effects of the pandemic
By Kris Norton, Kris@ksdmradio.com (12/10/2020)
International Falls – From the Koochiching Economic Development Authority office in International Falls, Paul Nevanen and JoAnne Smith joined The Morning Show to extend a helping hand to businesses dealing with the ongoing pandemic.
Over the past nine months, businesses across the country have been hit hard. Nevanen shares a new program to aid small borderland businesses, available through CARES.
Smith detailed the loan, qualifications to obtain one for your business, and how to apply.
According to the ARDC, applications are accepted on a rolling basis. The Revolving Loan Fund Committee meets as needed to consider requests. Interested parties can find more information, as well as the application, at www.ardc.org/if.
The full conversation with KEDA’s Paul Nevanen and JoAnne Smith is available here.