Small Businesses Face Friday Deadline to Apply for State Grants
iBerkshires.com reports state officials Thursday encouraged small businesses across the commonwealth to beat a Friday midnight deadline to apply for COVID-19 relief grants.
"Prospective applicants only have until midnight tomorrow, which is Friday, Jan. 15," Lt. Gov. Karyn Polito said. "So you have less than two days to submit your application for the current round. Like the first program, these grant awards will be up to $75,000 capped at three months of operating expenses. Grants can be used for things like payroll, employee benefit costs, mortgage interest, rent utilities and interest on other debt obligations.
Polito spoke as she, Gov. Charlie Baker and Larry Andrews of the Massachusetts Growth Capital Corp. announced this week's award of grants totaling $78.6 million to 1,595 small businesses.