Resources for Local Businesses from the Metropolitan Consortium of Community Developers and Open To Business
We are pleased to pass along the following information for local business owners who are looking for support and resources – it’s been provided by MCCD and Open To Business.
Revitalization Grant Fund:
The SBA formally announced the opening of applications for the Restaurant Revitalization Grant Fund as part of the American Rescue Plan. A good fit for any bars and restaurants in the community. https://www.sba.gov/article/2021/apr/27/sba-administrator-guzman-announces-application-opening-286-billion-restaurant-revitalization-fund?utm_medium=email&utm_source=govdelivery Here are the program details https://www.sba.gov/funding-programs/loans/covid-19-relief-options/restaurant-revitalization-fund
Economic Injury Disaster Loan (EIDL):
The SBA is doing a round 2 of the EIDL and Paycheck Protection Program (PPP) https://www.sba.gov/
PPP Loan Forgiveness:
On May 18, 2021 09:00 AM, MCCD/Open to Business is hosting a webinar with 2 subject matter experts that will cover how PPP forgiveness works. The details are attached. Email events@mccdmn.org to RSVP.
