Mon Valley Alliance to distribute small business loans

By TAYLOR BROWN
tbrown@yourmvi.com
Small business around the Mon Valley could benefit from funding awarded to the Mon Valley Alliance.
The Mon Valley Alliance, a certified economic development organization, was recently awarded $750,000 in American Rescue Plan Funding through the State Small Business Credit Initiative (to spur success and job creation opportunities in the Mid Mon Valley through non-traditional small business lending.
The funding is part of $246.8 million total awarded across the state to local economic development partners to make direct equity investments and loans to small businesses to spur success and job creation opportunities across the commonwealth.

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