State Representative Jack Jordan is reminding business owners about the Small Business Restart Grant deadline. Hoosier entrepreneurs and small businesses continuing to recover from the impacts of the pandemic and can receive up to $100,000 through the grant.
The deadline to apply for grants is extended to November 15, 2021. The grants provide working capital to eligible companies by reimbursing certain expenses incurred during and related to the global pandemic. The timeframe in which losses can be recovered, originally through May 1, 2021, is now extended through October 31, 2021.
Businesses that already received a Small Business Restart Grant can reapply in order to reach the new maximum reimbursement amount of $100,000, but it’s important to note that expenses covered by a previous grant are not eligible for this second round of funding. Be sure to apply as soon as possible, especially as grants will be issued in the order received until funding is exhausted.
For more information on new and expanded eligibility requirements, and to apply, click here.