Financial help may be on the way for small companies hit hard in recent months.
The Maricopa County Small Business Relief Program is designed to support small businesses experiencing financial hardship due to the COVID-19 pandemic.
The program provides up to $10,000 to qualifying small businesses for expense reimbursement.
A reimbursement basis means the grant will cover losses already incurred.
For-profit, nonprofits and sole proprietorships are eligible for the program.
The application period started July 9 and ends July 31, with grants “provided on a rolling first-come, first-served basis until funding is exhausted or grant period closes,” according to the county.
For more information or to apply, visit azfoundation.org/Grants-Loans/Maricopa-County-Relief-Grants.
Applicants may not have received other COVID-related financial assistance including Payroll Protection Program, Economic Injury Disaster Loan, SBA Express Bridge Loans and SBA Debt Relief.
For this program, the county defines “small businesses” as having 25 or fewer full-time employees, with 2019 sales or revenues less than $3 million.
Applicants must certify that gross sales or revenues declined by at least 25% as a result of COVID-19 in March and April 2020 compared to March and April 2019.