46 Downtown businesses given $260,000 to help survive pandemic
Sixty-three percent of the 46 Downtown businesses receiving the forgivable loans were minority and women-owned business enterprises (MWBE).
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Sixty-three percent of the 46 Downtown businesses receiving the forgivable loans were minority and women-owned business enterprises (MWBE).
The Center City Development Corp. has now approved about $200,000 in forgivable loans for 33 Downtown businesses.
The Center City Development Corp. has added $60,000 to the money available to help small Downtown businesses survive the effects of COVID-19.
Twenty Downtown businesses severely impacted by the coronavirus pandemic have now received forgivable loans totaling $135,000.
Twelve more Downtown businesses have applied for forgivable loans totaling $79,900 and which are designed to help them survive the effects of COVID-19.
Acting with a sense of urgency, the Center City Development Corp. board approved the first forgivable loans for eight Downtown businesses that have been disrupted by COVID-19.