Coastal Area Development Authority allocated additional CARES funding

Jun. 21—The Coastal Area Development Authority has been allocated $10 million through the CARES Act to create a loan program to support small businesses in the nine-county region. "These funds were awarded by the Economic Development Administration, not SBA," said Andrew Standard, CEO of CADDA. "Our fund was actually the largest of this type in the Southeast region. Our goal is to reach out to ...



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