Chamber Today: Short-term bridge loans for restaurants and microbusinesses
RI Commerce: Short-Term Bridge Loans Made
Available for Restaurants and Microbusinesses
Rhode Island Commerce, in partnership with Local Initiative Support Corporation (LISC), the Rhode Island Hospitality Association and Bank Newport, is launching a short-term bridge loan program for our restaurants and smallest businesses (1 to 10 employees). The program is funded through $1 million from the Rhode Island Commerce Corporation’s Small Business Loan Fund and $1 million from Bank Newport.
PBN: Amgen Foundation Donates $500K
to R.I. COVID-19 Response Fund
Amgen Inc. and the Amgen Foundation contributed $500,000 to the Rhode Island COVID-19 Response Fund, created in early March by the United Way of Rhode Island and the Rhode Island Foundation to help support nonprofits impacted by the COVID-19 pandemic. The local donation is part of a $12.5 million effort by the biotechnology company to support needs across the U.S. and beyond affected by the outbreak.
With all of the uncertainty we‘re facing with the coronavirus crisis, staying connected is more important than ever as you and your family connect to work, school and friends from home. Here are ways Cox is working to ensure robust, reliable service for our consumer and business customers, employees and partners.