City Of Coppell: Dallas County Offers Emergency Business Assistance Program

Coppell TX

04 November, 2021

3:49 PM

Description

Press release from the City of Coppell: November 4, 2021 If you own a small business with less than 100 employees in Dallas County, or had to close your business because of financial hardship due to Covid, there may be grant funding available to you through Dallas County's Emergency Business Assistance Program (EBAP II). As a part of the American Rescue Plan Act's Coronavirus State and Local Fiscal Recovery Fund (ARP) signed into law in March 2021, state and local governments received additional funding to help support their communities impacted by Covid-19. This funding expands financial support previously received through the Coronavirus Aid, Relief, and Economic Security (CARES) Act. The EBAP II is designed to provide rapid financial assistance to small businesses that have been negatively affected by the pandemic and help re-start small businesses that have closed due to economic hardship during the pandemic. Those that meet the following eligibility criteria are invited to apply for a maximum grant amount of $15,000: Be officially registered with the State, physically located, and operating within Dallas County (excluding the City of Dallas) Been in existence March 1, 2020 Be current in the payment of all Dallas County and local taxes Have had no more than 100 employees as of March 1, 2020 Have annual gross income of less than $1 million Have experienced a loss of at least 25% in income since March 1, 2020 because of the pandemic Have closed during the pandemic due to Covid-19 and income related loss Apply online or for more information, visit Dallas County's ARP Act Funding website. This press release was produced by the City of Coppell. The views expressed here are the author's own.