Purpose: To support businesses that rehire employees furloughed due to COVID19; up to $2,000 for each full-time equivalent employee
Application Deadline: As soon as possible but no later than 12-31-21 or until funds exhausted
Criteria: Local business who furloughed one or more employees due to COVID19 for a minimum of two months (60 days) between 3/15/20 – 1/31/21 during a period the business was not covered by PPP. Eligible for up to $2,000 per rehire. The rehire must be steadily employed during the subsequent and consecutive pay periods for a minimum of three months (90 days) after the date of rehire. If the length of furlough was less than 60 days, the applicant may qualify for a pro rata award based on the furloughed period.
Grant Funds may be used for:
- Working capital expenses (e.g., rent, utilities, payroll, insurance, inventory)
- Business related professional services (e.g., accounting, marketing, software, legal assistance)
- Employee Training
Grant Funds may not be used for:
- Refinance existing debt;
- Down Payment for other financing;
- Funds cannot be used to pay owner
- Interest expense, automobile expenses, supplies, existing credit card liabilities, meals, entertainment, travel, and uniforms