Fayetteville City Council to vote on loan program to help small businesses endure coronavirus
Small businesses in Fayetteville struggling through the coronavirus economic downturn could apply for $5,000 emergency “seed” loans under a proposal the City Council is scheduled to vote on Monday night.The council is being asked to vote on a proposal for the city to invest $250,000 of taxpayer money for the loan program as well as pay a nonprofit an additional $10,000 to take applications and administer to the low-interest loan program. The Center for Economic […]
