State offers aid to Ferguson businesses

Florissant  Avenue in Ferguson was one of the main sights for protests in the wake of Michael Brown's death. | Courtesy of Youth Radio/Flickr
Florissant Avenue in Ferguson was one of the main sights for protests in the wake of Michael Brown’s death. | Courtesy of Youth Radio/Flickr

Gov. Jay Nixon announced a $1 million Small Business Relief Program that offers zero-percent interest loans of up to $10,000 for small businesses affected by the riots in Ferguson and surrounding areas. The state is committing $250,000 to the program with matching donations from the St. Louis Economic Development Partnership, the St. Louis Regional Chamber and a coalition of local banks, including Pulaski, Enterprise and Commerce.

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