The program, which provides financial relief to local business owners impacted by the coronavirus pandemic, has issued $2.8 million of relief to area small businesses, the release said. The county has received 2,423 applications.
As a way to provide assistance to local small businesses, the program will allow business with fewer than 100 employees and sole proprietors to receive up to $30,000 in aid. The program is making use of $25 million of the $93 million the county received in federal aid.
“This funding is critical to the survival of many of our small businesses in this unprecedented time," Williamson County Treasurer Scott Heselmeyer said in the release. "The process is getting more efficient each day, and we expect the daily output to continue to grow.”
Businesses that were completely closed due to COVID-19 are eligible for 100% of the calculated grant amount, businesses that were partially opened are eligible for 75% of the calculated grant amount and businesses that were significantly affected are eligible for 50% of the calculated grant amount.
Businesses must have opened by Feb. 15, and the funding must be used between March 27-Sept. 30, officials said. For-profit businesses and nonprofits based or headquartered in Williamson County can apply.
Applications can be submitted online at www.wilco.org/forward. While business owners have until June 30 to apply, officials recommend an early start, as applications will be processed in a first-come, first-served fashion until funding runs out.
