Joe Cassese, owner of Cassese’s MVR, stands behind the bar of the well-known restaurant bordering the Youngstown State University campus. Cassese used a Paycheck Protection Program loan of $140,000 to keep his employees working during the viral outbreak.
Upward of 2,600 loans of $150,000 or less through the Paycheck Protection Program, a federal loan endeavor to help keep people employed during the viral outbreak, were given to businesses in Mahoning County.
Companies secured more than $95.8 million in loans that owners / operators used to preserve more than 15,000 jobs, according to data released from the U.S. Small Business Administration.
The Vindicator reviewed the latest data dump by the federal government for Ohio, searching for local companies by community listed in the company’s mailing address.