Emergency loans available for Massachusetts small businesses
Boston — The Baker-Polito administration has announced economic support for small businesses with a $10 million loan fund to provide financial relief to those that have been affected by COVID-19.
The $10 million Small Business Recovery Loan Fund will provide emergency capital up to $75,000 to Massachusetts-based businesses impacted by COVID-19 with under 50 full- and part-time employees, including nonprofits. Loans are immediately available to eligible businesses with no payments due for the first six months, then 30-months of principal and interest payments and no prepayment penalties. Businesses can apply for loans up to $75,000. Massachusetts Growth Capital Corporation has capitalized the fund and will administer it.
“Our office remains in regular contact with the state’s business community to provide updates and receive feedback as the administration continues to expand its comprehensive COVID-19 response,” said Housing and Economic Development Secretary Mike Kennealy. “These new recovery loans complement other resources like the state WorkShare program and federal Economic Injury Disaster Loan program, as well as legislative efforts by the administration to support impacted workers.”
Business wishing to apply for loans should download and complete the application found online. Completed applications can be sent to firstname.lastname@example.org with the subject line “2020 Small Business Recovery Loan Fund.”
For more information, contact Massachusetts Growth Capital Corporation at email@example.com.
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Community Access to the Arts names Heddinger as director of development
Great Barrington — Community Access to the Arts has announced the appointment of Alexandra Heddinger as its new development director. Heddinger will work with executive director Margaret Keller to expand CATA’s fundraising activities and oversee the organization’s donor relations program. She will also work closely with Kate Harding, CATA’s recently hired development associate, a Texas native with a Bachelor of Fine Arts in dance and Bachelor of Arts in communication studies, who has interned at Jacob’s Pillow and the American Dance Festival in Durham, North Carolina.
Heddinger comes to CATA from Berkshire Country Day School, where she served as director of admission and marketing, and the Darrow School in New Lebanon, New York, where she worked for 17 years, most recently as director of advancement. Heddinger has deep ties to the local arts community, having started her career as a stage manager for Jacob’s Pillow Dance Festival.
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CHP welcomes Moro to behavioral health team
Great Barrington — Linda Moro, LICSW, has joined Community Health Programs’ behavioral health team, working at CHP’s Great Barrington Health Center and Barrington OB/GYN. She has experience in individual and group therapy, treatment plan development, trauma treatment and family support services. She has also worked as a hospice social worker.
Moro earned her master’s degree from Fordham University School of Social Work in New York and received her bachelor’s degree in social work from Herbert Lehman College. She worked recently in correctional health services at Rikers Island and previously at the Children’s Village in New York City, as well as at Catholic Charities in Bedford, New York.
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Bisaccio joins Lee Bank as vice president of commercial lending
Pittsfield — Lee Bank has announced Kevin Bisaccio as a vice president of commercial lending. He will join commercial lender Mark McKenna in working out of the bank’s 75 North St. branch.
Bisaccio was previously employed by NBT Bank where he held the same title. He has been involved in commercial lending in Berkshire County for over 10 years. He resides in Bennington, Vermont, with his wife, Sally. They have three grown children. In addition to his banking experience, Bisaccio holds a Bachelor of Arts from St. Lawrence University, a Master of Business Administration from Rensselaer Polytechnic Institute and a Juris Doctor from Suffolk University Law School. He is on the board of directors of the Bennington County Industrial Corporation and is a former board member of Mount Anthony Union High School and Greater Bennington Interfaith Community Services.