EDA Invests $1.76 Million in CARES Act Funds to Serve Western Oklahoma Businesses Across 24 Oklahoma Counties
News Staff
Wednesday, February 24, 2021
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Cheyenne, OK – Yesterday, the U.S. Department of Commerce’s Economic Development Administration (EDA) awarded a $1.76 million CARES Act Recovery Assistance grant to Southwestern Intermediary Finance Team, Inc. (SWIFT), Weatherford, Oklahoma, to capitalize and administer a Revolving Loan Fund (RLF) that will provide critical gap financing to businesses adversely affected by the coronavirus pandemic across 24 Oklahoma counties.