Governor Ivey announced July 8, 2020 that the State would be using some of the CARES money to fund grants to small businesses. This is a much needed source of funds for small businesses. The program opens for applications on July 16, 2020 and closes July 25, 2020. Some of the conditions for these grants are:
You can log onto the business’ MAT account to apply for the grant. The maximum award amount is $15,000
Our April 6th blog Business Interruption discussed documenting expenses as well as reviewing your business insurance policies.
For more information:
452 Government Street, Suite E
Mobile, Alabama 36602