Piedmont Business Capital was awarded a $565,000 Project Grant from the Department of the Treasury's Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024) to support, prepare for, and respond to the economic impact of the coronavirus. The CDFI RRP aims to bolster the ability of Community Development Financial Institutions like Piedmont Business Capital to provide financial and technical assistance to underserved communities and populations affected by the pandemic. Specifically, the June 15, 2021 award will enable Piedmont Business Capital to deliver $565K in loans, investments, financial counseling, and other services to support businesses and communities struggling with the economic effects of COVID-19 through December 31, 2023.
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