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Posted on: March 9, 2021

City begins phase two of Small Business Relaunch Program grants

FINANCIAL GRANTS

After funding 30 Taylor businesses during the first round of the “Taylor Together” Small Business Relaunch Program, the Community Development Department has announced $75,000 in additional funding to be allocated in phase two of the campaign.

These grants of $7.500 will be given to 10 small businesses to assist in the reopening of their facilities after the extended COVID-19 shut down. Applications will be accepted until the funds run out. Federal aid gives the City the opportunity to support small business as they face unprecedented financial hardship. Supporting small businesses and helping them operate through the crisis will benefit the business, the employees and the local community.

Businesses must provide financial records from 2019 and 2020 for comparison purposes. If financial records are not provided the grant will not be awarded. Grants are intended to provide funding to help small businesses reopen. 

The eligible expenses will include:

  • Payroll
  • Rent/Lease/Mortgage
  • Utilities
  • Healthcare
  • COVID-19 related expenses incurred after February 29, 2020
  • PPE Expenses 

To be eligible, a business located in the city of Taylor that meets all the requirements:

  • Was your business licensed in Taylor as of February 29, 2020?
  • Did you employ 25 or fewer full-time employees as of February 29, 2020?
  • Do 90 percent of your full-time and/or part-time employees earn a salary of $44,000 or less annually?
  • Has your business experienced income loss as a result of the COVID-19 related shutdown?
  • Are your personal property and property taxes current?
  • Can you verify that your business has received less than $7,500 in COIVD-19 related grants from other sources?

Businesses who have been previously awarded may apply, but will be considered only after all new applicants have been accounted for. Falsifying information within will lead to disqualification. Applications that are incomplete or missing financials, proof of location or complete W-9 forms will not be considered. 

The following businesses received grants during phase one of the program: Right Turn Driving School; Half Time Bar; Rainbow Nails; Fierce Fitness; Moran Motorsports; Souvlaki Greek Street Food; Bierkeller; Splish Splash; VFW; Salute Taverna; Dr, Khanna; Zap Zone; Big League Brews; Teagan Marie’s; Taylor Kitchen; CC Embroidery; City’s Edge; College Bound Jocks; Lovely Nails 1; Golden Elk; Downriver Bingo; Goddard Auto Repair; Secret Recipe; JP McGuire’s; Primerica; Pete’s Place; Flamingo Family Restaurant; Dance Korner; Cavill’s; and Bella Granite and Marble.

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