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MA Has $75,000 in Emergency Capital

DATE:  March 21, 2020     CATEGORIES:  Somerville Media Center Partnership

The State of Massachusetts Small Business Recovery Loan Fund will provide emergency capital up to $75,000 to Massachusetts-based businesses impacted by COVID-19 with fewer than 50 full- and part-time employees, including nonprofits. Loans are immediately available to eligible businesses with no payments due for the first 6 months:
https://www.mass.gov/news/baker-polito-administration-announces-10-million-small-business-recovery-loan-fund

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