28 Local Businesses Receive Part Of County’s $10.5 Million CARES Act Money

WNY News Now File Image.

JAMESTOWN – More than two dozen local businesses have received part of $10.5 Million in CARES Act money given to Chautauqua County for COVID-19 economic relief.

The County of Chautauqua Industrial Development Agency announced on Tuesday that 28 businesses and non-profit entities from various sectors received part of the funding.











In total, around half of the 10 million was split between the businesses, which officials say is likely retain hundreds of jobs and create upwards of 100 new ones.

Specifically, $5,736,293 in funding was given to Luscombe Aircraft; Merritt Estate Winery; The Original Crunch Roll; Pucci Carpet; Excelco/Newbrook; Artone; International Ordnance; Kimbert Manufacturing; Heritage Ministries; Uhl Ventures (Servpro); Ark Wholesale; SKB Auto Sales; Brigiottas; Billicki Law Firm; Advanced Production Group; Skate Shop; Corvus Bus & Charter; Webb’s Candies/Motel; Falconer Hotel; La Quinta/Holiday Inn/Hampton Inn; Big Inlet Brewing; Ivory Acres Weddings; Shawbucks; Cockaigne; Pace’s Pizzeria; and Webb’s Harbor Restaurant and Bowling Lanes.







Those looking to apply for the remaining credit are asked to contact the CCIDA at (716) 661-8900.

As currently established, loans of no less than $25,000, not to exceed $1 Million of a working capital, of up to $250,000 with an interest rate of 2.44%, the lowest allowed, are available.





















 

Make it easy to keep up to date with more stories like this. Download the WNY News Now mobile app on the Apple App Store and Google Play Store.

 

Have a news tip? Email newsdesk@WNYNewsNow.com, send us a message on Facebook, or Twitter.

WNY News Now encourages an open exchange of opinions and ideas on our stories, however, we ask everyone to follow our comment policy.

Be the first to comment

Leave a Reply

Your email address will not be published.


*


This site uses Akismet to reduce spam. Learn how your comment data is processed.