Add pair of Tama County businesses to the Iowa Small Business Relief Program
In the third round of grant recipients from the Iowa Small Business Relief Program announced for the period April 29-May 7 a total of $11.7 million was awarded.
The funds were awarded to Iowa business applicants impacted by COVID-19.
In the this round, Tama County awards listed were- Carl Hensch $5,000; and El Charro Bar & Grill, Inc., Toledo, $20,000.
The program offered eligible small businesses grants ranging from $5,000-$25,000 in addition to offering Iowa businesses a deferral of sales and use or withholding taxes due and waiver of penalty and interest.
The application window closed March 31 Iowa Economic development Agency said then it will not open a new round of applications.
According to Economic Development information $24 million was appropriated and disbursed for the Small Business Relief program April 7-10. On April 23, Governor Reynolds announced additional funding through the federal CARES Act to assist more eligible businesses that applied during the March application period.
In the two earlier award periods Tama County recipients included USS Polaris, Toledo, $25,000, The Pump, Tama, $19,000, Vlaznim Arifi doing business as King Tower Cafe and Lincoln Bridge Hotel, Tama, $16,000, Tama County Daycare, Toledo, $15,000; Clearline Cutlery doing business as Ranger Blade, Traer, Clearline Industries doing business as Clearline Industries Metal Finishing, Traer $25,000; Rubline Marketing LLC, Traer, $25,0000, Whannels Hardware and Cellular, Traer, $25,000; and KE Black Mercantile LLC, Dysart $6,000.
Overall, a total of $64.7 million was awarded to Iowa businesses in the three funding phases of grant recipients announced through May 7.