New Relief for Lakes Area Businesses

Wentworth Economic Development Corporation (WEDCO) in Wolfeboro recieved a $600,000 federal loan from the U.S. Department of Agriculture (USDA) to help finance Lakes Region small businesses and entrepreneurs. The funds will help 16 rural businesses, retain 60 full-time jobs and create 30 new jobs.
 
“Granite State small businesses need access to capital to weather the economic impact of COVID-19, return to normal operations and continue to develop and grow,” says U.S. Sen Jeanne Shaheen (D-NH), a senior member of the Senate Appropriations and Small Business & Entrepreneurship Committeesn. “These new federal funds for WEDCO are an important investment that will support Lakes Region businesses, sustain and create jobs, and strengthen our state’s recovery from this crisis.”