10/07/20 Eastern Maine Development Corporation awarded funding for investment loans

Eastern Maine Development Corporation (EMDC) has been awarded $2.8 million in federal funding to leverage private investment and generate capital for businesses in Hancock, Knox, Penobscot, Piscataquis, Waldo, and Washington counties. The funding is awarded by the U.S. Department of Commerce, Economic Development Administration’s Revolving Loan Fund, as part of the CARES Act Recovery Assistance to respond to the pandemic.