Governor Hochul Announces Expanded Eligibility for the $800 Million COVID-19 Pandemic Compact Organization Restoration Grant System

Governor Kathy Hochul today announced changes to New York State’s $800 million COVID-19 Pandemic Modest Small business Recovery Grant Plan that will allow much more smaller enterprises to use for funding. Commencing these days, organizations with revenues up to $2.5 million can apply for grants, up from the former threshold of $500,000. Moreover, the limitation for businesses that been given Federal Paycheck Safety Program loans has been increased from $100,000 to $250,000.   

“Supporting the small firms across our point out that acquired strike challenging by the pandemic is a leading priority for my administration,” Governor Hochul explained. “We basically cannot have a comprehensive economic recovery if the smaller company group proceeds battling to survive. With the Pandemic Small Company Restoration Grant Application opening up to a larger pool of companies, I strongly urge all the homeowners who qualify to submit their software so they can accessibility this funding.”

Released in June, the method at first targeted on tiny and micro-corporations across New York Condition, which were being mostly still left out of federal organization recovery initiatives. Empire Point out Improvement and its companions have labored hard assure that these enterprises have the complex guidance – like assistance during the software procedure and assist to defeat language boundaries – they have to have to be very first in line for this application. To day, much more than $48 million has been awarded to over 2,380 small and micro-organizations in all ten locations of the condition. The modifications introduced today make

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Chicago expressway shootings carry on to surge even with $12.5M grant, federal intervention

Chicago expressway shootings proceed to surge, as authorities look for for answers subsequent the newest two incidents on the similar day at distinct spots across the metropolis final week. 

In the to start with expressway capturing Thursday, according to Illinois Condition Police, an unknown male driver crawling together morning traffic on I-290 witnessed a robbery having put on the Chicago Transit Authority system. 

That driver pulled more than to the shoulder, exited the auto and opened hearth.

The specific, who has not been identified by authorities, reportedly hopped again into the car and peeled off. No accidents relevant to the incident have been documented. 

The second incident Thursday transpired when a 22-calendar year-previous passenger in a car or truck traveling southbound on I-94 at Previous Orchard was shot immediately after another person in another car opened fire. The victim’s injuries ended up minimal and not believed to be lifetime threatening. 


There have been 137 shootings on Chicago-location expressways so much this yr as of Sunday, Illinois Point out Police confirmed to Fox Information. There have been 128 expressway shootings in Chicago in all of 2020, and 52 in all of 2019. 

Dan Ryan Expressway, which runs from Circle Interchange with I-290 close to downtown as a result of the South Aspect, is possibly the most perilous freeway in Chicago. A Jeep Wrangler was riddled with bullet holes close to 37th Road on the Dan

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Eastern Wire seeks grant, bank loan to expand in Northwest Jacksonville | Jax Day by day File | Jacksonville Every day File

Japanese Wire Solutions Inc. seeks a city grant and personal loan totaling $250,000 to acquire a composition in Northwest Jacksonville for growth.

The Jacksonville-based firm would make steel wire and related solutions. It leases part of a multitenant setting up and needs to get a 78,000-square-foot framework that requirements to be upgraded.

The metropolis Place of work of Economic Enhancement intends to check with the Mayor’s Funds Evaluation Committee on June 21 to authorize the introduction of a resolution to Town Council on July 27 to offer the incentives.

The resolution would authorize the mayor to execute an financial improvement agreement with Japanese Wire Goods.

According to a job summary by the financial growth business office, Eastern Wire proposes to make investments $4.46 million into the venture.

That sum includes just about $3.06 million for the site acquisition and demolition, $522,239 into infrastructure enhancements $645,242 in making renovations and $239,424 in equipment and tools purchases.

The Northwest Jacksonville Economic Development Advisory Committee permitted a request June 15 for the support.

Japanese Wire requests a $100,000 Northwest Economic Improvement Fund Enterprise Infrastructure Grant and a $150,000 Smaller Small business Progress Initiative personal loan amortized about 20 a long time with a balloon payment of $86,153 due at the conclusion of the 10th yr.

That mortgage would be subordinate to the $3.79 million to start with home finance loan personal loan supplied by Wells Fargo Lender assured by the U.S. Smaller Organization Administration 7(a) Program.

Eastern Wire proposes to finance the $4.46

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