Oklahoma City, Edmond Pass Emergency Plans For Local Businesses

As expected Oklahoma City voted through its emergency relief plan for small businesses Tuesday. Other municipalities are following suit to help struggling businesses. On Tuesday Edmond passed a microgrant program for it struggling businesses In Oklahoma C

Tuesday, March 31st 2020, 1:37 pm

By: Karl Torp

As expected Oklahoma City voted through its emergency relief plan for small businesses Tuesday.

Other municipalities are following suit to help struggling businesses.

On Tuesday Edmond passed a microgrant program for it struggling businesses

In Oklahoma City, the plan includes $5.5 million in low and no interest loans and other incentives to companies that keep their full-time employees.

“Their economic loss is saving lives,” said Mayor David Holt Tuesday after the unanimous vote.

The city admits $5.5 million is not enough money to help everyone who needs it.

More funding could eventually be made available.

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