Small businesses experiencing financial hardship due to the coronavirus pandemic may qualify for the Coronavirus Aid, Relief, and Economic Security (CARES) Act funding to help pay for lease, mortgage payments, utilities and other COVID related expenses.
Businesses with fewer than 20 employees and annual sales of less than $3 million in annual revenue may be eligible for up to $25,000.
If a business received less than $25,000 from the Paycheck Protection Program (PPP), Economic Injury Disaster Loan (IEDL) or Micro Enterprise Grant Assistance (MEGA) it is still eligible for a portion of the grant.
Priority will be given to businesses that were forced to close by state, county or city executive orders, experienced economic injury or voluntarily closed to support social distancing due to COVID-19 and to businesses with annual revenues of $1 million or less.
Applicants must complete an online application through an external portal available through the City’s web site. Applications will be processed on a first-come, first-served, first-complete basis from all applicant(s) meeting program criteria, subject to funding availability.
The City encourages business owners to begin organizing their documentation as early as possible so that the application package is ready to upload when the grant application cycle opens. Additional information can be found by visiting https://www.deerfield-beach.com/1894/DFB-CARES.
For additional information, contact Gigi Chazu at 954.480.4317 or firstname.lastname@example.org