Smaller Business Entrepreneurs Have Right until Monday To Use For COVID-19 Reduction Grants Of Up To $25,000

This write-up was at first revealed on February 3, 2021.

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LOS ANGELES (CBSLA) — Compact business enterprise house owners are getting urged to utilize shortly for a micro-grant of as a great deal as $25,000.

The California Small Enterprise COVID-19 Relief Grant Method is aimed at allocating $500 million to modest corporations and nonprofits hit tough by the pandemic and the linked health and basic safety restrictions. This most recent spherical of programs opened Tuesday and closes on Monday, Feb. 8 at 6 p.m.

The micro-grant, which does not have to be compensated again, is ideal for compact enterprises like Dr. J’s Cleaners in Sherman Oaks. Owner David Danielyan claimed he’s experienced to slash his workforce immediately after currently being down almost 90% at a person position.

“You kinda have to uncover your way into it, come across your way back into it, get as considerably info as attainable to make sure you are carrying out every little thing properly in buy to make absolutely sure so you really don’t skip the deadline,” he stated.

Los Angeles County Supervisor Kathryn Barger tweeted a reminder to make absolutely sure that other small company entrepreneurs have been informed of the system.

Grant recipients will have to use the money to deal with pandemic-similar costs like payroll, overhead and creating improvements to comply with COVID-19 tips. The good news is, because it is a grant — it does not have to be paid out back.

Danielyan reported when dining stopped, the desire for dry cleaning dropped off sharply. But even as his company proceeds to struggle, he’s hoping to construct upon the recovery momentum he is starting off to see.

“The places to eat are back again up outside eating at the very least, salons and barber outlets and whatnot, and that can make me feel like there is mild at the conclusion of the tunnel,” he stated.

To apply, go to careliefgrant.com.

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