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Assetz Capital Originates £5 Million Development Loan via CBILS for Forge Care said to Create 80 New Jobs
February 22, 2021 @ 9:05 am By JD Alois
Assetz Capital says it has originated a loan via the Coronavirus Business Interruption Loan Scheme (CBILS) to a specialist residential childcare development that has created 80 jobs in Warwickshire.
According to the peer-to-peer lender, a £5 million development loan has been provided to Forge Care, enabling the childrens’ residential care home operators to overcome the prospect of losing its funding due to the coronavirus pandemic and fund construction of its new residential care facility. Previously, Forge Care was said to have been forced to close the site and had to stand down all construction workers, according to Assetz Capital.
Works starts on £5.1m state-of-the-art specialist children s care home
It is expected to be ready by Christmas
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Work has started on a £5.1m state-of-the-art specialist children s care home in Nuneaton. The Forge is being created on land off Plough Hill Road and is set to be ready to be opened by Christmas.
Resident Cases: 52 (+1)
Staff Cases: 28 (+13)
UPDATE (12/11) Tennesse Department of Health has confirmed clusters at 535 long-term care facilities in the state.
According to TDH, there have been 12,155 residents with COVID-19, and 1,556 (or 12.8%) of them have died.
There have been 10,031 staff members diagnosed with COVID-19.
TDH has reported 45 deaths in East Tennessee nursing homes since December 4.
UPDATE (11/20): 19 more residents of long-term care facilities in East Tennessee have died, meaning at least 54 residents in East Tennessee have died in the past three weeks.
The latest data from the Tennessee Department of Health shows hundreds of new cases reported between residents and staff of long-term care facilities in the area.
State reports another death related to COVID-19 themountainpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from themountainpress.com Daily Mail and Mail on Sunday newspapers.