24 Norristown Small Businesses Receive COVID-19 Relief

King of Prussia PA

12 October, 2020

2:25 PM

Description

NORRISTOWN, PA — Small businesses throughout the Norristown area are getting some much needed assistance from the coronavirus shutdowns. Federal funding has been allocated to 24 different businesses around Norristown in the most recent Pennsylvania state budget. Many of the businesses included nail salons, barbershops, sandwich shops, and more. To qualify, businesses had to have had 25 or fewer employees in February 2020, and annual revenue of less than $1 million prior to COVID-19's impact, among other requirements. The COVID-19 Relief Pennsylvania Statewide Small Business Assistance program provides grants ranging from $5,000 to $50,000. The department released a list of recipients who'd received funds or signed a grant agreement as of Oct. 3. The recently enacted Pennsylvania state budget included $2.6 billion in federal stimulus funds through the Coronavirus Aid, Relief, and Economic Security Act (CARES). Within this allocation, the state Department of Community and Economic Development has been allocated $225 million for COVID-19 relief to small businesses through a distribution to Community Development Financial Institutions (CDFIs). The aid granted is to help cover operating expenses and to assist business owners in stabilizing or relaunching their business, in situations related to impact from the coronavirus pandemic. The following local businesses received funding: Belles Nails - $25,0001101 Markley - $25,000416 East Main Hair Salon - $25,000At the Loft Nail and Spa - $20,000Barbara's Hairstyling Inc - $20,000Dominican Unisex Salon - $15,000Elephant Eyes - $5,000Frank Jones Sporting Goods - $35,000Headstart Salon Inc - $20,000Hong Chang and Hieng Buoy Kaling - $10,000Joy Dental - $25,000Kelly Avery - $10,000Lilly's Nails - $15,000Lou's Sandwich Shop - $35,000Pauline's Deli - $20,000NewKadia.com - $40,000Norristown Nails and Spa - $15,000Rosa's Salon Dominican Style - $10,000Babi Nails and Spa - $20,000Burrell Family Eye Care - $35,000Suburban Trend Movement - $20,000Original Culbreath Barber Shop - $5,000Timshel Coffee Shop - $5,000Trucco Skin - $5,000 With reporting from Patch correspondent Marlene Lang