Additional Angola Businesses to Receive Small Business Forgivable Loans
By: Sheila McCrea - Wednesday, June 9, 2021

Angola, IN – Two additional Angola businesses have been awarded a forgivable loan.

The latest recipients of the forgivable loans is Julie A Burrell Insurance Agency and Elsten Security, Inc.

These awards bring a total of thirty-five small businesses awarded a total of $329,696 in 2020 and 2021. This funding is made possible by the Indiana Office of Community and Rural Affairs (OCRA) and the Angola Investment Fund (AIF).

The award amounts range from $5,000 to $10,000 and were determined by the adverse impact COVID-19 has had on their business.

Applications are still being taken for retail, restaurant, and service orientated small businesses severally impacted by COVID-19.

Please go to the city’s website at
https://www.angolain.org/egov/apps/document/center.egov?view=item;id=1066 to learn more about the funding and how to apply.


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