Savannah Mayor Believes Changes Could Help Businesses during Expected Second Round of CARES Act Funding
Thursday, August 27th, 2020
Savannah Mayor Van Johnson discussed how small businesses are benefiting from CARES Act funds during his weekly COVID-19 report.
According to Mayor Johnson, of the $2 million in CARES Act funding being distributed by the Savannah Small Business Assistance Corporation (SBAC), $1.6 million went to loan forgiveness, the rest went to applying businesses for COVID-related costs. The money was distributed in just a few hours, and 42 Savannah businesses in all were helped on this first round.
Read more at WTOC 11
