State Senator Doris Turner announced local businesses that were awarded grants for the latest round of the Back to Business grants. Senator Turner says that she is happy that they were able to provide state support to the businesses that people rely on in the communities and that the amount of funding will help businesses recover losses incurred during the pandemic.
The program allocated $250 million in American Rescue Plan funds for small businesses negatively affected by the pandemic. The initiative provided grants ranging from $5,000 to $150,000 per business based on the need that the company requires.
The Back to Business program uses funds that cover a wide scope of costs with consideration for businesses that did not qualify for state funding or federal assistance and businesses that had less than $5 million in revenue in 2019.
State Senator Turner syas that she knows that some industries have been more heavily impacted by others with COVID-19 and wants to make sure those communities are taken care of. Businesses in State Senator Turner’s District received nearly $1.1 million in grant funding including restaurants, supply stores, and hotels. For more information, visit the Department of Commerce and Economic Opportunities website.
Region: Pana,Feeds,City: Taylorville,Local,Region: Central
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October 25, 2021 at 06:07AM