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U.S. Department of Commerce to Invest $3.9 Million in CARES Act Funding to Capitalize Revolving Loan Fund

by Allison Kelly | Sep 29, 2020 | Grow America News, Small Business Lending, Technical Assistance

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $3.9 million EDA CARES Act Recovery Assistance grant to NDC to capitalize and administer a Revolving Loan Fund (RLF) that will provide...