ROCK ISLAND, Unwell. (KWQC) – The Rock Island Metropolis Council authorized $292,000 from the second spherical of the Small Enterprise Emergency Response Grant throughout its assembly on Monday.
This system is designed to assist companies instantly impacted by COVID-19.
Metropolis officers say this funding is along with the $250,000 allotted earlier this yr. The preliminary spherical of grants helped 69 Rock Island companies.
These companies eligible to use for the second spherical embrace: companies which have been impacted by mandated closures, decreased revenues, and buyer site visitors and those who have made mandatory modifications to their enterprise to accommodate social distancing measures. The allotments for a single enterprise are $2,500 to $10,000.
Eligible bills embrace, however are usually not restricted to, lease/mortgage, utilities, month-to-month enterprise obligations (gear leases, insurance coverage, and many others.), payroll, and bills associated to modifications to satisfy to COVID-19 tips. Metropolis officers say all bills needs to be those who forestall, put together for or reply to COVID-19. The bills will need to have been incurred between April 1 and December 30, 2020.
Precedence will likely be given to personal, for-profit companies with a bodily location in a industrial constructing in Rock Island and those who have workers on their payroll. Metropolis officers say grants for non-profit businesses are funded beneath a unique allocation.
Questions from companies concerning eligibility may be directed to Rock Island Financial Growth staff members Tarah Sipes at (309) 732-2923 or firstname.lastname@example.org or Stacey McIntosh at (309) 732-1186 or email@example.com.
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