Small businesses to receive COVID-19 help
Federal representatives tell West Plains Chamber meeting relief coming in loans and grants
Last updated 3/26/2020 at 12:43pm
WEST PLAINS – A $2.2 trillion stimulus package passed unanimously by the Senate late Wednesday night contains $377 billion in funding designed to help small businesses.
“There is a lot of relief targeted at small businesses,” Washington 5th District Rep. Cathy McMorris Rogers told West Plains Chamber of Commerce members during a call Thursday morning.
“There was a sense that we had to get relief to small businesses,” she added. “This is a backstop to help our economy.”
The funding is federally guaranteed, Small Business Administration 7A loans for businesses under 500 employee...