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Quincy mayor establishes task force, announces small business loan program

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QUINCY (WGEM) — Quincy Mayor Kyle Moore announced the formation of an Adams County Community Response Task Force and the availability of a small business loan for Quincy businesses affected by the coronavirus pandemic on Friday.

At a news conference Friday morning, Moore said he was launching the Community Response Task Force to coordinate and collaborate across agencies to meet and respond to challenges ahead in during the coronavirus pandemic.

Mike Elbe, Preisdent of John Wood Community College, who is also on the task force thanked the mayor for his vision of reaching out and establishing the task force.

Friday Moore also announced the availablity of a small business emergency loan t hep fund buisnesses that are the hardest hit.

Moore said the $10,000 microloans will be isseud at 1% and paid over 18 months, with no payment for the first six months.

Moore added that this should be considered a bridge loan to get business through until state and federal assistance kick in.

Moore said City Council will meet Monday and applications will be online Tuesday. City Council will meet again on April 8 and Moore hopes checks will be available the following week.

Moore also gave kudos to the community. He said the city has not received a single complaint on a large gathering and the city heard from multiple businesses asking for guidance on if they are essential or not.

He said the stay at home order would have been a strain on resources if the community didn't come together,

SPECIAL REPORT: Quincy Mayor Kyle Moore announces COVID-19 Task Force.

SPECIAL REPORT: Quincy Mayor Kyle Moore announces COVID-19 Task Force.

Posted by WGEM News - The Tri-States' News Leader on Friday, March 27, 2020

Jim Roberts

Social Media & Digital Content Manager

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