Michigan Economic Development Corporation issued the following announcement on Sept.12.
The Michigan Small Business Relief Program has awarded $4.7 million in low-interest loans to 71 small businesses impacted by COVID-19 in 15 Michigan counties, adding to $4.35 million in loans awarded to 74 businesses through the program in June.
The Michigan Economic Development Corporation announced today it has awarded an additional $4.7 million in low-interest loans to 71 small businesses in 15 counties across Michigan through the Michigan Small Business Relief Program. Today’s support builds on $4.35 million in loans awarded to 74 businesses through the program in June. To date, a total of 2,879 small businesses around Michigan have been awarded nearly $20 million in relief grants and loans through the program to assist with COVID-19 recovery efforts.
Original source can be found here.
Source: Michigan Economic Development Corporation
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