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Michigan small businesses getting some help amid COVID-19 outbreak

steve carmody
Michigan Radio

Small Michigan businesses strugglingto stay afloat amid theCOVID-19 pandemicare getting a helping hand this week from local and state government agencies.

The Michigan Economic Development Corporation plans to distribute $10 million in grants and $10 million in low-interest loans tobusinesses across the state.

Oakland County is providing a $3 million stabilization fund for small businesses.

County Board Chairman Dave Woodward says Oakland County wants to provide some relief tosmall business.

“Do whatever it takes to provide the immediate relief short-term….so that we can we can get through this together that much easier,” says Woodward.

It’s estimated more than one hundred thousand Michigan businesses have been directly affected by the governor’s Stay Home order.

Steve Carmody has been a reporter for Michigan Public since 2005. Steve previously worked at public radio and television stations in Florida, Oklahoma and Kentucky, and also has extensive experience in commercial broadcasting.