Thursday, September 11, 2014

Local Government Helping Ferguson Small Businesses



 

The town of Ferguson, Missouri is gradually piecing together remnants of the community damaged during the Michael Brown protest.  Brown’s passing sparked civil unrest throughout the area, leading to widespread property damage of neighborhoods, especially among several small businesses decimated by acts of vandalism and looting by a few people.

The Missouri Government in conjunction with local business and community leaders has pledged to contribute $250,000 in small business lending resources, for small businesses impacted by the Brown protest, to the State Small Business Loan Program.  

The donation from these entities and additional resources furnished by public and private sector organizations, gives impacted local businesses up to $1 million of support to rebuild under the loan program.  

With emotions still raw from Michael Brown’s passing, the people of Ferguson, small businesses, and the local government are working together to repair a fractured community.  This loan program is just one small step of many to assist in the town’s recovery.

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