The assistance, which will be provided through the Business Finance Authority, will help Scott Electronics of Salem, a manufacturer with over 100 employees, and Bremco Inc.
Bremco's plans also include expansion and will be aided by a BFA guarantee of a $1 million line of credit.
In the case of BREMCO, there were not a lot of advance signals.
The investor-owned utility actually bought out the BREMCO portion of Cajun's contract with a cash payment made up front with additional contracts to purchase power from the G&T in future years.