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Richfield’s Economic Development Authority Authorizes Second Round Of Coronavirus Small Business Forgivable Loans

September 30, 2020

Since the outbreak of the COVID-19 pandemic, 1.4 million small businesses have either closed of suspended operations according to a study by Oxxford Information Technology Ltd. It is expected that as many as four million small businesses could be forced to shut down permanently by the end of the year, or about 13 percent of the country’s small businesses.

Richfield’s Economic Development Authority (EDA) is doing everything it can to provide financial assistance to the city’s small businesses as they try and weather the global health crisis. The authority has authorized a second round of small business forgivable loans.

“Businesses of all shapes and sizes are seeing a drastic reduction in income during the COVID-19 pandemic,” explained Richfield Chamber of Commerce Chairman Greg Worthen. “Richfield was one of the first cities in Minnesota willing to help its small businesses through this crisis in the form of a

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SC Ports Authority granted over $21 million by US DOT for improvements to Lowcountry commercial site

The South Carolina Ports Authority announced the agency has been awarded $21.68 million by the US Department of Transportation (DOT) to assist in the construction and improvement of infrastructure at the Ridgeville Commerce Park in Dorchester County.



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The money is part of the US government’s $1 billion investment in the nation’s infrastructure through the Better Utilizing Investments to Leverage Development (BUILD) Transportation Discretionary Grants program.

Funds will be spent on both onsite and offsite improvements. 

According to the DOT’s description of the funding project, on-site improvements include a new two-mile long industrial access road and a new 20-acre truck chassis/empty container storage yard, in preparation for development of an import distribution center. It will also widen approximately ¾‐mile of an existing off-site road (SC27) to provide improved access from the project site to I‐26.

SC Ports announced in July that Walmart is planning on

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Ruthlawn Elementary awarded $1M by School Building Authority for improvements | Education

Ruthlawn Elementary will get an indoor sprinkler system, upgrade its fire alarms, eliminate two trailer classrooms and add a science, technology, engineering and math (STEM) hub after a vote Monday by the West Virginia School Building Authority’s board.

The board voted to provide Kanawha County with $1 million, atop the school system’s own contribution of about $338,000, to complete the project.

The two trailers serve pre-kindergarteners and kindergarteners. The money will add two classrooms to the school, not only eliminating the need for the portable classrooms but also adding STEM “Exploratorium” spaces, such as ones at two other Kanawha elementaries.

The county should be ready to begin soliciting bids from contractors in the spring, with construction expected to take 18 months, according to a schools spokesperson.

SBA board members also chose, in a voice vote with no one dissenting, to dole out $3.7 million more to six other counties. The

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