Villages takes big steps to help small businesses

The Villages is deploying all available resources to help its small businesses survive the impact of COVID-19.

Citizens First Bank and The Villages Commercial Property Management Division are just two examples of how The Villages responded even before President Trump signed into law the Coronavirus Aid, Relief & Economic Security Act.

More than 150 commercial customers began preparing the paperwork this week in partnership with The Villages’ hometown community bank to seek a piece of the $349 billion in relief that became available Friday through the U.S. Small Business Administration under the CARES Act’s Paycheck Protection Program, said Lindsey Blaise, the bank’s president and CEO. It provides interest-free, forgivable loans to small businesses that retain employees.

Read the rest of this post: The Village Daily Sun


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