Sorry, you need to enable JavaScript to visit this website.

Bill assisting rural businesses deserves support

August 26, 2020 - 05:00
Posted in:

Small businesses continue to feel the effects of the coronavirus pandemic. While they are doing their best to keep the doors open, they are hurting. That is especially true in our rural towns. Congress has acted to provide businesses with loans through the Small Business Administration six months of payment forgiveness. This is a lifeline for big city enterprises, but it doesn’t help rural entrepreneurs. That is because many rural businesses do not have access to an SBA lender and must borrow from a USDA Rural Development program instead. On Aug. 6, a bipartisan measure—the Rural Equal Aid (REA) Act—was introduced in the U.S.

PLEASE LOG IN FOR PREMIUM CONTENT. Our website requires visitors to log in to view the best local news. Not yet a subscriber? Subscribe today!