The Glengarry News

Program swamped

publisher Mar 26, 2020 - 3:36pm

The Cornwall  and The Counties Community Futures Development Corporation has been swamped by applications for help under the COVID-19 emergency loan program.

As anticipated, response to the program has been overwhelming, and as a result over-subscription to the program is imminent. Due to this overwhelming response the CDFC is unable to accept any additional applications as of 5 p.m. today.

Anyone who has already submitted all their documentation to the CFDC will still be moved through the underwriting process.

Tags