Bridgeport News: Business Relief
Small & Minority Business Enterprise Director Fred Gee reminds local business owners that there are still resources available to provide emergency relief to businesses impacted by COVID-19; such as Emergency Injury Disaster Loans. Emergency Injury Disaster Loans (EIDL) of up to $150,000 are available to business owners via the Small Business Administration (SBA) to provide financial relief from temporary loss of revenue caused by COVID-19. Funds from this loan may be used to pay an array of operating expenses which include health care benefits, rent, utilities, and debt payment. Mayor Ganim stated, “We want to make sure that every business has the opportunity to make it through this pandemic and be successful. It’s important to our community that…
