Guidelines and additional information regarding COVID-19 small business grant programs are now available, according to Senator Dan Laughlin. Eligible businesses with 25 or fewer employees may receive a maximum grant of $50,000 if they meet certain eligibility requirements. More information is available here.
Funding will be available through three programs:
- $100 million for the Main Street Business Revitalization Program for small businesses that experienced losses as a result of the Governor’s March 19 business closure order.
- $100 million for the Historically Disadvantaged Business Revitalization Program for small businesses that experienced loss as a result of the business closure order.
- $25 million for the Loan Payment Deferment and Loss Reserve Program.
Contact: Matt Azeles firstname.lastname@example.org