Taking Care of Business in Denton County $2.2 million in Grants
UPDATE: June 29, 2020 – Denton County is launching Phase II of the small business grant program. It began June 22, 2020 at noon and runs until July 6, 2020. It will provide $50,000 grants to Denton County small businesses that qualify due to negative economic impact during the COVID-19 pandemic.
Businesses located in Denton County who were closed and negatively impacted by COVID-19 will have another opportunity for financial relief through a grant program administered by Denton County. The grant is for up to $10,000 per business. The county accumulated funds received through the CoServ Capital Credit program over the last 20 years to make this relief possible. Only certain businesses are eligible. More information can be found here.
As your trusted advisors, we are committed to keeping you well-informed with any new opportunities that may affect you. Please do not hesitate to reach out to KHA with any additional questions you may have.
These sources are simply included for informational purposes. KHA Accountants, PLLC, its partners and others do not provide any assurance as to the accuracy of these items or the information included therein. As such, KHA Accountants, PLLC cannot be held liable for any information derived from referenced sources. This by no means is a recommendation to obtain a loan or attempt to apply for a loan. There are many unknowns at this time regarding what other stimulus (grants or other loan options) that may become available with pending and future bills, executive orders, or emergency declarations to follow, that may become laws. Consult your legal and business advisors prior to making financing decisions. This is intended for illustrative and discussion purposes only.