City Of Dixon: City Announces New Round Of Small Business Support Program Funding

Dixon CA

17 August, 2021

1:03 PM

Description

Press release from the City of Dixon: August 16, 2021 PRESS RELEASEFOR IMMEDIATE RELEASE   August 16, 2021     The City of Dixon is now accepting applications for the second round of its COVID-19 Small Business Support Program. Local businesses impacted by COVID-19 can qualify for up to $70,000. The Program represents an additional way in which the City seeks to assist those small businesses affected by COVID-19 that are so much a part of our community.  Funded by the federal Community Development Block Grant (CDBG), the Program will provide financial assistance in the form of forgivable loans to eligible Dixon for-profit businesses significantly impacted by the pandemic. The Program goal is the retention of existing jobs.   Eligible businesses must meet the following criteria:  Eligible employers will be able to apply for up to $10,000 for each job that they retain, up to a maximum of seven jobs. If the employee is retained at the same or higher rate of pay for a minimum of 120 days, the loan will be forgiven. Loans will be approved contingent upon the City receiving committed funds from the California Department of Housing and Community Development. For more details about the program and to access the application, please contact [email protected], or 707 678-7000, ext.1126. Related Documents:  Information for Applicants: COVID-19 Small Business Support Program  COVID-19 Small Business Support Program Application Application Attachments  This press release was produced by the City of Dixon. The views expressed here are the author's own.