Friday is the last day for Phoenix small businesses to apply for COVID relief grants
Apr 13, 2022, 4:25 AM
(Pexels Photo)
(Pexels Photo)
PHOENIX — Small businesses in Phoenix seeking COVID-19 relief grants from the city have until Friday to submit an application.
Businesses that can show revenue losses related to COVID-19 when comparing any month since March 2021 with the same month in 2019 or 2020 can receive up to $15,000 in assistance, the city said in a press release.
The deadline to apply for the grant is 5 p.m., with eligibility based upon operating in Phoenix for at least a year, having 25 or fewer employees and having less than $3 million in annual revenue.
More than $20 million in grants have been handed out since the programs began in May 2020, the city said, with nearly 3,000 small businesses benefitting.
Funded by the American Rescue Plan Act, small businesses have used the assistance to cover any expenses allowed as a business deduction by the IRS.
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This includes covering back rent and utilities, buying materials needed to adapt to pandemic requirements, offering expanded benefits to employees or giving out retention and hiring bonuses, the city said.
Among the businesses to receive grants are technology services, food delivery drivers, print shops, gig economy workers and numerous restaurants.
