New Rockford Transcript - Official Newspaper of Eddy County since 1883

Revolving loan fund for small businesses


September 28, 2020

North Central Planning Council was awarded $1,180,000 in CARES Act funding from the Economic Development Administration (EDA) to establish a Revolving Loan Fund (RLF) to lend to borrowers in the following geographic region: Benson, Eddy, Cavalier, Ramsey, Rolette and Towner Counties. The EDA investment also provides an additional $75,273 to defray the costs of administering the RLF.

The EDA inv...

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