Bridgeport city officials announced allocations of the American Rescue Plan will go to help small businesses and local workforce.

Officials said more than $250,00 will go to assist small businesses owners of low to moderate income.

Loan credit lines will vary between $5,000 to $100,000.

The funds will also provide pre-and post-loan counseling as well as a targeted business plan.

Mayor Joe Ganim said services will be provided in both English and Spanish.