Norman County EDA Gives Out Another $200,000 in 2nd Round of Small Business Relief
By Mark Askelson firstname.lastname@example.org (11/24/20)
Ada, MN — Last week the Norman County EDA wrapped up their 2nd and final round of economic relief to local businesses impacted by the COVID-19 pandemic. The money came to the county via the Federal CARES Act. Not including what was sent to individual cities and townships, Norman County received just shy $900,000 that was originally designated for three separate categories: county departments, community partners and organizations, and economic relief for businesses. Last month, the Norman County EDA gave out all of their designated $290,000 to dozens of local businesses. However, Norman County EDA member John Hintz notes that as more funds became available, they were able to provide an additional round of relief.
While the day after Thanksgiving is typically the busiest day of the year for major retailers, the day before Thanksgiving is often the busiest day of the year for small town bars as friends and family return home for the holiday. Hintz says unfortunately the bars are going to miss out on that highly profitable day this year.
In total, the Norman County EDA gave out approximately half a million dollars to more than 50 applicants.