The EDA makes low-interest loans to create new businesses in economically depressed areas with below-average incomes and high unemployment rates.

Question

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The Economic Development Administration (EDA) does make low-interest loans to support the creation of new businesses in economically depressed areas with below-average incomes and high unemployment rates. This is one of the ways the EDA works to promote economic growth and opportunity in distressed communities across the United States.

The EDA Makes Low-Interest Loans to Create New Businesses in Economically