Lake County just launched an important new small business assistance grant fund to help local businesses impacted by COVID-19 reopen and adjust to the new operating environment. The intent of the grant is to cover occupancy and some operating costs for up to four months.
The grants cover 4.5-times average monthly rent, capped at $30,000, and can be used for payroll, business rent/mortgage, utilities, inventory, and incremental COVID-19 related business expenses.
A business must be located in Lake County, have less than $2.5 million in annual revenue and be incorporated – LLC, LLP, S Corporation, Sole Proprietor, etc. Currently, independent contractors are not eligible.
The application window will be open from 8 a.m. on Tuesday, July 7, 2020 to 11:59 p.m. on Monday, July 20, 2020. For more information go to lakecountyil.gov/forward
Antioch, IL
Authentic By Nature
