Bay EDA helping local businesses survive during coronavirus crisis
Businesses across the country are suffering due the coronavirus outbreak, including many in Bay County.
Becca Hardin of the Bay Economic Development Alliance said 25 of their active projects to bring new businesses to the area are on hold until the outbreak is over.
Hardin said they're working with the governor’s office and the federal government to provide SBA loans, forgivable grants and other resources to local companies so they can pay their employees and survive during the outbreak.
"Our goal is to keep paychecks flowing. If you keep paychecks flowing and you help businesses keep their doors open, they're going to be more stabilized in times of uncertainty,” said Hardin.
Hardin said the stimulus package recently signed by President Donald Trump will also play a factor into helping businesses keep their doors open.