The Areawide Business Council based in Yankton has received a four-million-dollar grant from the federal Economic Development Administration to provide coronavirus related loans in a thirteen county area.
Administrator Lori Cowman with Planning District Three says the loans can be used for all types of business activity…
Cowman says applications are wide open…
Cowman says a lot of the money has already gone out…..
Cowman says the dollars are set up as a revolving fund so as they are paid back, loans would be available to other businesses.
