Zent: Local communities receive funding for small businesses

Zent: Local communities receive funding for small businesses

Posted by: Jake Thompson  | Wednesday, September 9, 2020

STATEHOUSE (Sept. 9, 2020) – State Rep. Denny Zent (R-Angola) said LaGrange County and the city of Angola each received a $250,000 grant from the Indiana Office of Community and Rural Affairs to help small businesses.

 LaGrange County will assist small businesses by providing grants for working capital needs. Angola will use the award to provide low-interest, forgivable loans to businesses in the retail and restaurant sector. 

"We are fortunate to live in an area that often attracts a lot of visitors, but COVID had an overwhelmingly negative impact on tourism, which hit our retailers and restaurants especially hard," Zent said. "This grant funding comes at a good time and will help several employers in the area as we get our economy rolling again."

According to Zent, 42 rural communities were recipients of the second round of funding, which was distributed through OCRA's COVID-19 Response Program. He said more than $20 million to date has been awarded to counties, cities and towns to help cover payroll and operational costs for local businesses impacted by COVID-19.

Funding for Indiana's COVID-19 Response Program comes from the federal CARES Act passed at the outset of the pandemic. 

More information on the COVID-19 Response Program is available at in.gov/ocra.

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State Rep. Denny Zent (R-Angola) represents House District 51, 

which includes most of LaGrange and Steuben counties.

Click here to download a high-resolution photo.