Mechanics Cooperative Bank awards $100K in grants to local small bizs

MECHANICS COOPERATIVE BANK recently awarded $100,000 in grants to several small businesses hurt by the pandemic, including $20,000 to Avila Textiles. Pictured from left are Manuel Avila, Avila Textiles founder and owner, with Mechanics Cooperative Bank Commercial Lending Officer Anthony Medeiros and Retail Sales Manager Karen Capelo. / COURTESY MECHANICS COOPERATIVE BANK
TAUNTON – Mechanics Cooperative Bank recently awarded $100,000 in grants to several small businesses hurt by the COVID-19 pandemic, according to a news release. The bank received the funding through the Federal Home Loan Bank of Boston’s Jobs for New England Recovery Program, which offers FHLB Boston members below-market-rate financing to help small businesses preserve…

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