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$30M in coronavirus relief funds made available to Tarrant County small businesses

Dallas Morning News logo Dallas Morning News 6/22/2020 By Mary Grace Granados, The Dallas Morning News

Tarrant County small businesses affected by the COVID-19 pandemic can now apply for grants funded by the CARES Act, the federal coronavirus relief package.

Tarrant County has dedicated about $30 million in federal coronavirus relief funds to its small business assistance grant program. Businesses with 25 or fewer full-time employees that had to close or partially close because of the pandemic, or can otherwise show a related dip in profit, are eligible to apply.

However, businesses in the city of Fort Worth are excluded because they are eligible for separate funding through the city.

County spokesman Bill Hanna said more than 750 businesses had applied for grants within an hour of the program opening for submissions at 10 a.m. today.

The amount included in each grant will vary, but the maximum allowed for an individual grant is $10,000. About 20 percent of the program’s grant funds funds are set aside for businesses with majority minority, woman or veteran ownership.

Businesses can apply for a grant through July 1 online.


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