A winery, several hotels and restaurants, a ski resort, a brewery and a pizzeria were among the 28 Chautauqua County businesses and agencies receiving more than $5.7 million in low-interest loans through the federal CARES Act.
The assistance is expected to retain hundreds of jobs and create more than 100 new ones, said Mark Geise, deputy county executive for economic development and the IDA's chief executive officer.
The IDA has distributed more than half of the $10.5 million grant it received from the U.S. Economic Development Administration to assist businesses and agencies suffering from the Covid-19 pandemic.
A total of $5,736,293 in funding was approved by the IDA board of directors.
Businesses and agencies that received funding include: Luscombe Aircraft, Merritt Estate Winery, the Original Crunch Roll, Pucci Carpet, Excelco/Newbrook, Artone, International Ordnance, Kimbert Manufacturing, Heritage Ministries, Uhl Ventures (Servpro), Ark Wholesale, SKB Auto Sales, Brigiottas, Billicki Law Firm, Advanced Production Group, Skate Shop, Corvus Bus & Charter, Webb’s Candies/Motel, Falconer Hotel, La Quinta/Holiday Inn/Hampton Inn, Big Inlet Brewing, Ivory Acres Weddings, Shawbucks, Cockaigne, Pace’s Pizzeria and Webb’s Harbor Restaurant and Bowling Lanes.