On Tuesday, Loudoun Economic Development completed the random selections for 400 Business Interruption Fund grants, totaling $2 million.
This week, the Small Business Administration and the U.S. Treasury Department clarified that the deadline for applications is June 30, 2020.
Loudoun’s Business Interruption Fund will open for applications at noon on June 3, 2020, and remain open for 72 hours, closing at noon on June 6, 2020.
On Friday, Loudoun Economic Development completed the random selections for more than 200 Business Interruption Fund grants, totaling nearly $1.4 million.
Given the company’s enormous investment in Loudoun’s Data Center Alley, Facebook listed Ashburn as an eligible territory for businesses to apply.
The Small Business Administration is urging Congress for additional funding appropriations so that they are able to process additional loan applications.