CITY ESTABLISHES LOAN FUND

The Cumberland Mayor and City Council have established a $106,000 loan program to help support small businesses that have been negatively impacted by the COVID-19 pandemic. The loan is for businesses in the city limits with 50 or fewer employees. No collateral is required, and there is a 180-day grace period after the loan is approved. It is for 36 months at zero per-cent interest. For more information, visit www.choosecumberland.org.