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February
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February

Port Authority Receives $2.4 Million CARES Act Recovery Assistance Grant to Create Revolving Loan Fund for Northwest Ohio

Friday, February 19, 2021

TOLEDO, Ohio, February 19, 2021 – The U.S. Department of Commerce’s Economic Development Administration (EDA) announced yesterday the award of a $2.4 million CARES Act Recovery Assistance Grant to the Toledo-Lucas County Port Authority to create a Revolving Loan Fund for businesses in Northwest Ohio. The EDA grant will be matched with $600,000 in local investment in establishing a $3 million loan fund.

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