$20 Million Still Available To Help Macomb County Biz Owners Recover From COVID Losses

WWJ News
June 22, 2020 - 7:48 am

(WWJ) About 1,600 Macomb County small businesses affected by the coronavirus pandemic have applied for grant money the county has received from the federal CARES Act, but there is still more money available and time to apply. 

The deadline to apply is the end of the day Wednesday.  

The county plans to distribute $20 million in grants.  Up to 4,000 businesses could be helped.  Each grant will be worth $5,000.

“This type of funding may not cover all of the losses our businesses have incurred, but it will have a definite impact,” said Vicky Rad, director of the Macomb County Planning and Economic Development Department. “Our grant can help them pay employees, cover rent and utilities and purchase supplies and materials that are essential for operating. Our goal is to aid in recovery in any way we can.”

 The grant application will be available at www.MacombBusiness.com through June 24 at 11:59 p.m. Small businesses can apply for funds if they meet the following criteria:

 --Must have a physical location in Macomb County (office/building/store front).

--Employee size is 1- 49 employees.

--Must be a for-profit organization.

--Business must have a valid Employer Identification Number (EIN).

--Business must have been in business for at least 12 months.

--Business must showcase a verifiable need for working capital to support payroll expenses, rent, mortgage payments, utility expenses and/or other similar expenses that occur in the ordinary course of business.

--Business must be able to verify they have been negatively impacted or experienced a loss in revenue or business due to the COVID-19 pandemic.

An application must also include:

  •  A signed W9 from within the last 12 months.
  • A recent utility bill (within the last 6 months) that lists the business address. This can be a rent or mortgage payment, water, gas, electric, or phone bill. The address must match the location you are submitting for a grant.
  • A signed and dated affidavit.

Businesses will be notified of their grant status no later than July 1. Funds will be distributed starting July 2. Additional information on eligibility and grant scoring can be found at www.macombbusiness.com.