American Rescue Plan Act funds small business grant program, ‘Lubbock Businesses Bounce Back’

LUBBOCK, Texas (News Release) – The ‘Lubbock Companies Bounce Back’ system was created for little enterprises in the City of Lubbock that were being impacted by the COVID-19 Pandemic.

Suitable corporations must meet the subsequent requirements:

Be a small business operating for at the very least one yr
Be located in Lubbock metropolis limitations
Be impacted by the COVID-19 pandemic
Did not acquire an ‘SBA Paycheck Safety Program’ (PPP) personal loan
Did not receive an ‘SBA Economic Harm Catastrophe Loan’ (EIDL)
Did not obtain a personal loan by way of the ‘Support Lubbock Fund’ (2020 COVID Mortgage System)
Did not get a grant by way of the ‘City of Lubbock Microgrant Program’
Did not get funding by way of ‘Lubbock County ARPA Small Enterprise Relief’

Applicants may well use grant funding for the adhering to:

Public Wellness COVID-19 Connected Fees
PPE, Hand Sanitizer, Modifications, etcetera. related to COVID-19.
Doing the job Cash
Overhead functions, payroll, rent, quick-time period works by using of income for small business functions, utilities, and many others.
Inventory
Raw substance, essential for ongoing functions, and so on.

Compact companies that would like to find out far more details are encouraged to e mail [email protected], or view the tutorial videos linked below: