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August 8, 2019

$400K aid offered to Natick businesses affected by fire

Photo | Google A block of businesses in Natick center that were destroyed by a July 22 fire have received state aid to help rebuild.

The Gov. Charlie Baker Administration is offering an emergency loan fund for businesses affected by a July 22 fire destroying a block of businesses in Natick center.

The administration is offering $400,000 to help businesses reopen following the nine-alarm fire impacting eight businesses, including the Nancy Kelley Dance Studio, the knitting supply store Iron Horse, the King Wok restaurant, the dog training and grooming business Metro Pets, Clip & Dip Dog Grooming and La Creme Salon, along with a Christian Science Reading Room.

Eligible businesses can immediately apply for loans from $5,000 to $50,000, with no payments for the first 30 days. The Massachusetts Growth Capital Corporation capitalized the fund and will administer it, partnering with South Middlesex Opportunity Council and the MetroWest Chamber of Commerce for support.

The state Department of Revenue has said it will waive any penalties associated with late-filed return or payments due on or after July 22 and before Nov. 15 for those affected by the fire.

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