Juniata County recently issued the following announcement.
SEDA-COG EDA COVID-19 Loan
The new SEDA-COG EDA COVID-19 Loan Fund is for businesses negatively impacted by COVID-19. For-profit businesses can apply for loans of at least $10,000 starting now until funds are exhausted. No payments are due in the first six months. The total amount of the fund is $400,000. The interest rate is 3.25%.
Businesses must be in SEDA-COG’s region of Centre, Clinton, Columbia, Juniata, Lycoming, Mifflin, Montour, Northumberland, Perry, Snyder, and Union counties.
Funds can be used for working capital and can be disbursed based on past working capital expenses. There is a $500 underwriting fee and a $100 filing fee.
Original source: https://www.juniataco.org/
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