Southeast Utah Association of Local Governments (SEUALG) announced the Small Business Recovery Grant Program last year and funds are still available. The end is drawing near though, and businesses interested have until May 15th, 2021 to apply. Application review will begin on May 27, 2021.
This is a program that more than one of our county businesses did qualify for and the report back from that business is that it was easy to negotiate and provided some good information to help streamline certain aspects of their business operation. It also amounted to around $5,500 in cash for that business that they will not have to pay back.
Businesses will need to complete an online application explaining the financial loss because of the COVID-19 pandemic and detailing other financial assistance the businees has received through other agencies/organizations such as county CARES Act business grants, Paycheck Protection Program (PPP), Economic Injury Disaster Loan etc.
Once an application is received and the business has been approved for a grant, the business will need to complete an online training through Utah State University to receive the funding. The online training costs have been covered by the CDBG Small Business Recovery Grant Program.
The online training is centered around financial literacy and resiliency. The goal behind the program is to provide businesses with additional skills and knowledge of their finances to help recover from the COVID-19 pandemic and challenges that might arise in the future. And if you get far enough in the application process, be advised San Juan County does qualify as a Low to Moderate Income area as defined by HUD. Businesses can get to the online application by clicking on the following link:
SEUALG CDBG Small Business Recovery Grant
In addition, businesses may reach out to Jade Powell ([email protected] or 435-613-0022) or Brandon McCandless ([email protected] or 435-613-0064) with questions.