Clock ticks on $14 million loan bonanza for small businesses
Written by Abraham Galvan on December 1, 2020
As local businesses continue to recover from the pandemic, RISE Miami-Dade Fund has relaxed its eligibility requirements to ensure the remaining $14 million is distributed by the end of December.
The small-business loan fund originally seeded with $25 million of federal stimulus money has set a new Dec. 20 application submission extension, right before the Dec. 31 federal government mandate to return any monies not distributed.
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