Dear Ironwood Business Owners,

Attached to this message is an email from the MEDC regarding opportunities associated with the Disaster Relief Effort for Small Businesses. Two major opportunities; one, the SBA Disaster Assistance Loan program should be available to our area very soon. Our understanding is that the state applied for designation yesterday. The MEDC Strategic Fund Board has also released a grant/loan program that will provide up to $10,000 in grants and minimum $50,000 loans to small businesses.

Please visit this site for information on the SBA Economic Injury Disaster Loan. https://sbdcmichigan.org/small-business-covid19/

For info on the MEDC Strategic Fund Support visit: https://www.michigan.gov/coronavirus/0,9753,7-406-98158-522285–,00.html?utm_medium=email&utm_source=govdelivery

MICHIGAN ECONOMIC DEVELOPERS ASSOCIATION UPDATE

Several resources are being shared right now to help businesses and workers that may have hardships due to the closings that are taking place to prevent the spread of the Coronavirus.

Below is a compilation.  MEDA will create a running list of the resources and add them to our blog and keep your updated in the weekly newsletter, send e-blast for issues that need quick action.

Thomas Bergman
Community Development Director

City of Ironwood
213 S. Marquette Street
Ironwood, MI 49938
906-932-5050 ext. 126
www.cityofironwood.org