Los Angeles (CBSLA) – Small companies arduous hit by the COVID-19 pandemic can now obtain a $ 5,000 improve from town’s Comeback Checks grant program.
Mayor Eric Garcetti introduced the beginning of the $ 25 million program on the Hop Woo restaurant in Chinatown on Tuesday.
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This system will distribute $ 5,000 in grants to five,000 companies, together with mother and pop shops, native eating places, and different small companies, and will likely be funded with funds from the US federal rescue plan. The grants can be utilized for payroll and worker advantages, hire, utilities, insurance coverage, and different small enterprise bills.
“Any small neighborhood that has struggled to maintain this whole pandemic alive, please,” Garcetti mentioned when asserting the brand new program. “Get the increase you want to get well. Get your comeback examine. Los Angeles is right here that will help you get well. “
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Eligible firms should be primarily based within the metropolis of Los Angeles and have an lively enterprise tax certificates. There will likely be three rounds of funding, the primary of which opened on Tuesday and runs by means of November 2nd, and candidates will likely be chosen at random.
However some small enterprise house owners mentioned it wasn’t sufficient.
“It is a good contact, however 5 thousand {dollars} – my meal invoice has elevated by greater than 5 thousand {dollars} within the final thirty days,” mentioned Invoice Kohne, co-owner of Hugo’s Restaurant. “For some locations it might actually assist, however for others it is like a plaster for a festering wound.”
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To use, go to comebackchecksla.com.
