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City seeking ways to help businesses

 

April 8, 2020



City officials are seeking ways to help local businesses survive through the impacts of social distancing caused by the response to the COVID-19 pandemic.

Late two weeks ago, officials announced that they were considering a program in which the city would use economic development funds to pay the interest on small business loans. Since then, as part of a federal stimulus package, it appears that businesses using the loans to cover operating expenses may have those loans completely forgiven.

While Congress worked on the plan in late March, city staff held off further development of its pla...



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