JONESBORO — The City of Jonesboro is accepting American Rescue Plan Act business grant applications through July 31.
To be considered, applicants must meet the following criteria:
— Possess an active (not expired) City of Jonesboro business license for 2023.
— Business must be registered within Jonesboro city limits.
— Must have have filed or completed tax returns for 2022 in the business name.
— Must be current on all payments due to the City of Jonesboro, such as sanitation, business licenses, code violations, etc.)
— Must demonstrate the need and use of the grant.
To mitigate the impact of COVID-19 on businesses and employees, the City of Jonesboro is investing $195,000 in the ARPA Business Grant Program to provide qualified small businesses with funding for operating expenses.
Until funding is exhausted, businesses will be eligible for up to $1,500 per qualified business.
Grants may be used to pay for various business expenses, including:
— Rent, lease or mortgage costs.
— Business-related insurance.
— Inventory expenses including covering any loss of inventory
— Other operating expenses.
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