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:

• Spanish-https://www.youtube.com/view?v=FIs9k-SLrmE
• English-https://www.youtube.com/look at?v=OOe24u0Losk

To use for the grant, go to caprock504.org/caprock-software/.

Copyright 2022 KCBD. All rights reserved. Details furnished by the Town of Lubbock.