DECATUR, Ala. — Small companies in Decatur will quickly have the ability to apply for a grant to help them with the impacts of COVID-19.
This system covers small companies, together with eating places, espresso retailers, well being golf equipment, and resorts, which were in enterprise at the least one yr previous to March 13, 2020 and have lower than 25 staff.
Potential small enterprise house owners who need to apply for the grant might be eligible to obtain a zero-interest mortgage of as much as $20,000 with the potential for forgiveness in 12 months. The funds can be utilized for administrative prices like utilities, hire, mortgage funds, and payroll.
Small companies could start making use of on Monday, August 2.
A complete of $353,000 has been made obtainable by way of the Coronavirus Help, Reduction, and Financial Safety (CARES) Act.
“We’re so grateful for our small companies who achieve this a lot for our metropolis – from sponsoring Little League video games to having these particular presents in inventory that you simply simply can’t discover or order wherever else,” mentioned Susanne Taylor, town’s grant administrator.
“COVID has made life so unpredictable, and we need to be certain that our native enterprise neighborhood can simply apply for help,” Taylor continued.
The initiative is a partnership between the Metropolis of Decatur, Decatur-Morgan County Chamber of Commerce, and the Decatur-Morgan County Entrepreneurial Middle.
Small companies could apply for help online or decide up a packet at Decatur Metropolis Corridor or Chamber of Commerce. Purposes should be acquired by September 30.
For extra info, contact town’s Neighborhood Improvement Division at 256-341-4967.
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