Business

$1 million grant awarded for Coast small businesses

U.S. Department of Commerce has provided a $1 million grant to the Southern Mississippi Planning and Development District of Gulfport to recapitalize the Business Revolving Loan Fund, which provides low-cost and flexible-term loans to small businesses.

The RLF Program loans, which range from $2,000 to $500,000, can be used to start or expand businesses.

Details: 868-2311 or info@smpdd.com

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