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SBDC and Chamber outline business outreach; LiftFund grants and loans to aid flood-affected firms
Summary
ASU SBDC, the Chamber and partners reported outreach to dozens of businesses after the July 4 flood. SBA disaster loan deadlines were extended; a San Angelo-area LiftFund program will offer grants up to $10,000 and 0% interest loans up to $50,000 to help firms not eligible for COSADC support.
Representatives from the ASU Small Business Development Center and the San Angelo Chamber of Commerce told the Development Corporation board how local partners are assisting businesses damaged in the July 4 flood.
Elizabeth Dansler, speaking for Desiree Johnson and the SBDC, said the SBDC's advisors handled extensive outreach in the immediate aftermath: 34 incoming calls in the first week, 59 businesses assisted by outreach or the Disaster Recovery…
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