The Waynesboro Borough Council has approved the creation of a small-business loan program that will be made available to businesses within the borough affected by the COVID-19 pandemic.
The #BOROSTRONG Small Business Loan Program is made possible by an allocation to the borough from the Community Development Block Grant (CDBG-CV) program, which received funding from the Federal Coronavirus Aid, Relief, and Economic Security Act (CARES Act) passed earlier this year.
The borough has chosen to extend the federal aid in the form of zero-interest loans for small, for-profit businesses within the borough’s municipal boundaries. The program will provide local businesses with an avenue to address unexpected funding limitations as a result of the pandemic.
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https://www.publicopiniononline.com/story/news/local/2020/06/08/waynesboro-council-creates-small-business-loan-program/5317997002/
