R.I., National Grid announce aid for Aquidneck Island small businesses

GOV. GINA M. RAIMONDO announced the launch of a $1.45 million emergency loan fund for small businesses on Aquidneck Island directly impacted by the gas shutoff last week. / PBN FILE PHOTO/MICHAEL SALERNO
GOV. GINA M. RAIMONDO announced the launch of a $1.45 million emergency loan fund for small businesses on Aquidneck Island directly impacted by the gas shutoff last week. / PBN FILE PHOTO/MICHAEL SALERNO
NEWPORT – Rhode Island has created a $1.45 million loan fund for small businesses directly affected by the gas outage on Aquidneck Island, Gov. Gina M. Raimondo announced Monday. The fund received a $1 million contribution from the R.I. Commerce Corp.’s Small Business Loan Fund, $250,000 from BankNewport and $200,000 from the Rhode Island Foundation.…

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