EDA approves emergency business relief
28 Mar 2020
The New Ulm Economic Development Authority (EDA) held a special meeting Friday to provide emergency relief for businesses impacted by the COVID-19 pandemic, which included the creation of $250,000 in grants for qualified businesses.
COVID-19 has disrupted normal business practices across the country resulting in financial cost and loss. The $250,000 emergency relief fund is intended to quickly assist business owners to stabilize their cash flow.
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Tom Lambrecht