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Several area businesses benefit from Round 1 of Iowa’s Small Business Relief Prgm.

News

April 11th, 2020 by Ric Hanson

Several area business are benefiting from Iowa’s recently launched Iowa Small Business Relief Program, while others are left waiting and wondering when they will get some help. According to the Iowa Economic Development Authority (IEDA), the program is designed to provide financial assistance to small businesses that have been economically impacted by the COVID-19 pandemic. It offers eligible small businesses grants ranging from $5,000-$25,000 in addition to offering Iowa businesses a deferral of sales and use or withholding taxes due and waiver of penalty and interest.

The application window for funds closed on March 31st. IEDA says “At this time all available funds have been expended. If additional funding becomes available, additional awards will be made from the current pool of applicants. IEDA will not open a new round of application.”

Iowa Small Business Relief Grant award notifications were made the week of April 7th through the 10th. All applicants that were awarded a grant have received an official.  In the KJAN listening area, here are some of the small businesses that received a grant:

  • Cliffs’ Lounge, LLC. in Audubon – $7,000
  • Corning Winery & Vineyard, Inc. – $8,000
  • Do Drop/Just one More, LLC. (In Guthrie County) – $5,000.
  • Menlo Cafe’ – $15,000.
  • Westside Diner, LLC (Atlantic) –  $15,000.
  • Brymon’s Home Furnishings (Atlantic) – $22,599.
  • Downtowner Cafe & Catering (Atlantic) – $22,000.
  • JM Double B, LLC (Cass County) – $20,000.

Lists of other grant recipients can be found here https://www.iowaeconomicdevelopment.com/aspx/general/dynamicpage.aspx?id=205