Another $300,000 has been added to the grant fund available for Marysville small businesses that have suffered financial loss from the COVID-19 pandemic. The Marysville City Council approved that action at its Oct. 12 meeting.
Marysville CARES Business Relief Grants of up to $10,000 may be awarded to businesses that meet these criteria:
- Located within Marysville city limits,
- Current Marysville business license,
- Have fewer than 50 full-time employees or equivalent, including owner,
- Experienced interruptions, loss of sales, closure or curtailed operations, or other negative financial impacts due to restrictions imposed to address COVID-19, and
- In business since on or before Jan. 1, 2020.
Grant funds may be used to pay for wages, rent/mortgage, utilities, debt payments, insurance, cost of goods or supplies for which your business has not received previous COVID-19 funding relief. Grants do not need to be repaid.
Grants are distributed on a first come, first served basis and we expect to give out all available funds. Eligible businesses are encouraged to apply soon.
As of Oct. 15, the city had awarded just over $645,750 in federal CARES (Coronavirus Aid, Relief and Economic Security) Act funds to Marysville small businesses. With this addition, about another $400,000 remains available.