WOW! PPP EIDL UPDATE $45 Million (GRANTS FREE MONEY) Small Business Grant Disaster Relief NOW

PPP EIDL GRANT UPDATE $45 million (GRANTS FREE MONEY) Small Business Relief NOW.

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Here’s your PPP loan, EIDL, Second PPP Loan, and Small Business Grant Update for
Tuesday, February 2nd, 2021.

As part of their continuing commitment to elevating their impact in rural America, Lowe’s is inviting small business owners in rural locations to apply for the Lowe’s Rural Relief Small Business Grants program.

Only small businesses located in rural communications are eligible, so only communities with a population of 50,000 or less.

Lowes stated, “We will support small businesses and enterprises affect by the virus across the country, especially those in underserved communities.”

I am so glad to see such large corporations stepping up to help.

Meanwhile, the North Dakota Department of Commerce will soon begin to accept applications for the latest round of grants designed to support businesses in the hospitality industry.

Shawn Kessel, interim director of the commerce department stated, “Commerce has been entrusted to distribute dollars to help restaurants, cafes, bars, breweries, theaters, and professional production companies.”

The online application portal for the second round will open at 10 a.m. Thursday, Feb, 4th.

Applications will be accepted until 5 p.m. Feb. 25th.

The federally funded program will draw from a pool of about $30 million to provide these grants.

This second round has been expanded to include entertainment venues and facilities used to host community and private events or indoor recreation and entertainment.

This is fantastic news as this industry has been hit the hardest these last few months.

And finally, Governor Charlie Baker of Massachusetts announced another $45 million in grants for businesses from the Small Business Grant Program.

So far, the Baker-Polito Administration has awarded nearly $280 million in direct financial support to more than 5,800 small businesses out of a $668 million fund set up to support small businesses across the state.

Baker stated, “the grant plan focuses on getting people back to work, supporting small businesses fostering innovation, revitalizing downtowns and ensuring housing stability.”

Eligible businesses can receive up to $75,000, or three months of expense.

The Massachusetts program is the largest small business grant program in the country.

Sources:

https://www.wcvb.com/article/baker-to-announce-millions-in-new-grants-for-small-businesses-in-mass/35350932
https://www.beauregarddailynews.net/story/news/2021/01/30/lisc-lowes-rural-relief-small-business-grants-program-accepting-applications-until-feb-2/4312385001/
https://www.grandforksherald.com/business/6861526-North-Dakota-Department-of-Commerce-offers-second-round-of-business-grants

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