STOCKBRIDGE — Small businesses in the city of Stockbridge that previously received CARES Act funding through other entities may now apply for additional funding up to $10,000 through the city.
According to the city, the Stockbridge CARES Act Grant is available to eligible businesses that have been directly impacted by COVID-19. Applications will be accepted online at https://form.jotform.com/202374959926166?fbclid=IwAR31r-JN7jMG_lf79PsqV_9s9VFGTbXCcx58Hh2zOe7OLbnQMgm-1jqsrKg.
Physical copies of the application will not be accepted.
The Henry County Chamber of Commerce will accept and review submitted applications from businesses licensed in Stockbridge.
“COVID-19 has impacted so many businesses, and the city of Stockbridge looks forward to supporting those community businesses that need the assistance,” said Stockbridge City Manager Randy Knighton. “The city encourages all business operators to stay informed with the latest news concerning our funding for the CARES Act Grant Program. We are all in this together and we must support the business community as it serves as a critical dynamic for our historical city.”
Grant funding can be used for working capital to support payroll expenses, rent, mortgage payments, utility expenses or other similar expenses incurred by the businesses between March 1, 2020 and Dec. 31, 2020. Additional, to receive grant funding, eligible businesses must:
♦ Be a for-profit business licensed in the city of Stockbridge
♦ Have 20 or fewer employees
♦ Be in an industry that has been affected by the COVID-19 emergency
♦ Demonstrate the incurred income loss because of the COVID-19 emergency
♦ Demonstrate the need for working capital for eligible expenses (see below for eligible expenses)
Grant funds must be used for expenditures incurred by the eligible business between March 1, 2020 and Dec. 31, 2020 that meet the following criteria:
♦ Necessary expenditures incurred due to the public health emergency with respect to COVID-19 (such as resulting from employment or business interruptions due to COVID-19);
♦ Used for its working capital to support payroll expenses, rent, mortgage payments, utility expenses, or costs incurred by the business that are related to reopening the eligible business.
Questions regarding the Stockbridge CARES Act Grant can be emailed to firstname.lastname@example.org. Funds will be available and approved on a first come basis.