Prince George’s County will offer up to $15 million in grants and loans to businesses impacted by the ongoing coronavirus outbreak, as localities continue to plot out ways to respond to the public health crisis. County Executive Angela Alsobrooks rolled out a new “COVID-19 Business Relief Fund” Wednesday, allowing companies to apply for loans of up to $100,000 and grants of up to $10,000. Alsobrooks said the county has already seen roughly 10,000 layoffs as a result of the pandemic, and she’s hoping the grant program can help keep more businesses alive and prevent additional cutbacks. Read More...
Prince George’s readies $15 million in grants, loans to help businesses survive coronavirus
Prince George’s County will offer up to $15 million in grants and loans to businesses impacted by the ongoing coronavirus outbreak, as localities continue to plot out ways to respond to the public health crisis. County Executive Angela Alsobrooks rolled out a new “COVID-19 Business Relief Fund” Wednesday, allowing companies to apply for loans of up to $100,000 and grants of up to $10,000. Alsobrooks said the county has already seen roughly 10,000 layoffs as a result of the pandemic, and she’s hoping the grant program can help keep more businesses alive and prevent additional cutbacks.
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