Much more COVID-19 reduction funding out there for Lancaster County businesses

Elbert Grims

Purposes being approved for 3rd spherical of Lancaster County enterprise grants for COVID-19 aid

WGAL Information 8 coronavirus coverage

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Points out THE Software Course of action. MATT: THIS IS THE Third Period OF FUNDING By way of THE Recovery AND SUSTAINABILITY FUND. There’s 10 MILLION Bucks Truly worth OF GRANTS Obtainable. Corporations THAT Experienced UP TO 500 In between APRIL OF 2019 AND 2020 CAN Implement. Between THE Criteria TO QUALIFY, Organizations Will have to Display THEY Lost 40% OR Much more OF THEIR Revenue THIS Calendar year As opposed TO Past, Among APRIL AND SEPTEMBER. Organizations THAT Been given FUNDING IN THE Initially TWO PHASES CAN Utilize, BUT All those WHO HAVEN’ GOTTEN ANY Revenue WILL GET First Precedence THE Conditions AND INFORMATI ABOUT Applying IS Accessible On-line A Restoration-LANCASTER.COM Apps ARE Open up AND WILL Stay Open Until FRIDAY AT 5:00 P.M. Considering the fact that THE 95 MILLION Dollar FUND WAS Established UP, Far more THAN 26 MILLION HAS BEEN Specified TO ABOUT A THOUSAND Businesses IN LANCASTER COUNTY. I HAVE THE Link FOR THE APPLIC

Apps becoming recognized for 3rd round of Lancaster County enterprise grants for COVID-19 relief

WGAL News 8 coronavirus protection

A 3rd spherical of funding is getting presented to organizations in Lancaster County that are battling to get well from the coronavirus pandemic.Much more than $26.7 million has previously been distributed to 939 Lancaster County organizations in the earlier two phases of funding.Recovery & Sustainability Fund software specifics:Applications will be recognized at from 8 a.m. Monday via 5 p.m. Friday.A total of $10 million is available.Enterprises with up to 500 workforce between April 2019 and April 2020 can implement. Enterprises will have to show they misplaced 40% or far more of their revenue this yr when compared to April-September 2019.The grants are NOT on a to start with-occur, initially-served basis. The grant committee will evaluation all the programs as soon as the portal closes. Enterprises that obtained funding in the 1st two phases can utilize, but applicants who have not been awarded dollars still will be supplied priority.The grants are federal resources obtainable by way of the CARES Act.

A 3rd spherical of funding is remaining presented to firms in Lancaster County that are struggling to recover from the coronavirus pandemic.

A lot more than $26.7 million has now been dispersed to 939 Lancaster County corporations in the prior two phases of funding.

Restoration & Sustainability Fund software aspects:

  • Apps will be approved at from 8 a.m. Monday through 5 p.m. Friday.
  • A whole of $10 million is out there.
  • Firms with up to 500 workers amongst April 2019 and April 2020 can use.
  • Enterprises ought to show they lost 40% or additional of their profits this year compared to April-September 2019.
  • The grants are NOT on a initial-occur, first-served basis. The grant committee will overview all the applications after the portal closes.
  • Enterprises that received funding in the first two phases can apply, but candidates who have not been awarded income but will be given priority.
  • The grants are federal cash available as a result of the CARES Act.
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