Local small businesses are getting paid.
That’s according to Corinth Rep. Nick Bain.
The lawmaker said numerous small businesses in Corinth and Alcorn County have received a $3,500 check in COVID-19 relief money made possible by Mississippi’s Back to Business Grant Program. The CARES Act funded program launched in June with a $1,500 minimum and little applicants. Last month lawmakers went back to work to ensure the $1.25 million in the program are applied for.
“We voted to up the minimum to $3,500 and I’m happy to report several of the local businesses that applied for the grant when it first launched in June have already received their funds,” said Bain.
He said more need to apply.
“I want as many of the small business owners in my community to benefit from this grant program as possible,” Bain told the Daily Corinthian. “If you own a small business and haven’t applied, please do so as soon as possible.”
The program is being used to award grants to small businesses to assist their recovery from the economic impact of the pandemic by reimbursing them for the costs of their business interruption.
There is no cost to apply and no money is required to be paid back. The application process is a easy one according to Bain and only takes a few minutes.
While the minimum amount a business will receive is $3,500, the application allows for up to $25,000 if expenses can be documented.