Businesses that suffered economic impacts from the pandemic are eligible for help with the passing of the supplemental spending bill that allocates American Rescue Plan money. The Department of Treasury has been charged with disbursing the money.
The money is to go to “afflicted businesses”, which include entertainment venues, exercise facilities, food service establishments, and recreational facilities like bowling alleys and others. It also includes those businesses that were forbidden to open during the early days of the pandemic like hair salons, plant nurseries, and others.
The Economic Development Alliance of St. Clair County is keeping an eye on the development of the required website and application process that will be rolled out by the Department of Treasury. The EDA advises that there are specific rules laid out in the legislation as to who gets the money and how much they get.
Applications for the relief money are due April 1st, 2022 with the grants being paid out by July 1, 2022, according to the legislation.
A link to more information can be found at WGRT.com.
https://edascc.com/covid19/funding-financial-relief-resources/
