Businesses ask council for CARES Act money | News

Businesses ask council for CARES Act money | News

Community leaders are advocating for added money for nearby businesses and nonprofits who did not rating substantial more than enough to receive a $10,000 grant from the 1st spherical of a Norman City Council-allocated reduction fund.

Only 100 out of the 628 modest enterprise and nonprofit applicants will get a part of the $1 million appropriated final month by the council to be applied for the program, The Transcript claimed previously. With $2 million remaining in Coronavirus Assist Reduction and Financial Safety Act resources in metropolis coffers, the Norman Chamber of Commerce and community business leaders are contacting for a lot more grant application funding.

“I recognize not every a person of individuals 628 businesses and nonprofits has the identical diploma of requirements, but they all require relief,” mentioned Stephen Koranda, president of the Downtowners Association of Norman….

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