The Benton-Franklin Economic Development District has been awarded a Covid-19 Relief Fund from the U.S. Department of Commerce Economic Development Administration (EDA) in the amount of $1.4 million in CARES Act Recovery Assistance to help businesses rebound from the effects of the coronavirus and Covid-19.
The Revolving Loan Fund is accepting loan applications from businesses who have been impacted by the COVID-19 pandemic and may need help to restart their business once the restrictions have been eased. You are encouraged to apply and please be prepared to demonstrate the effects the pandemic has had on your business.
For more information, please contact:
Rick Peenstra, Contracted Loan Officer
Fatima Traore, Economic Development Coordinator