Main Street HP urges small businesses try for a federal grant

Has your small business been impacted by COVID-19? Small businesses and nonprofits with no more than 50 employees may be eligible for a grant up to $30,000. Through the Federal CARES Act, small businesses may apply for reimbursement for COVID-19 related loss of revenue, expenses incurred, and/or continuation of services, according to Rebecca Hersh, executive director of Main Street Highland Park

Application Available Now.

Independently or family-owned businesses with no more than 50 employees
Documented business interruption as a result of the COVID-19 pandemic and related emergency declaration, resulting in financial loss.
Businesses must have been open and operating on March 1, 2020
Must be a Sole Proprietorship, LLC/LLP, S-Corporation, Corporation, Nonprofit* or Partnership
Active businesses physically located in Middlesex County, with a net annual business income of less than $1,000,000 based on their last federal tax return
*Nonprofits only eligible for reimbursement of increased incurred expenses, not loss of revenue.

• Not eligible for any expenses or loss of revenues previously reimbursed by
State or Federal CARES Act funding, CDBG Grants, PPP Grants or Loans, private insurance, or any other COVID-19 relief program.

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