Small businesses that qualify for Community Development Block Grants should be receiving those funds very soon. Heather Morgan, Pratt County Economic Development, said once the funds are approved, it won’t take long to get them to the businesses. The funds have already been awarded to the county and are ready to go. The applications just have to be approved. Pratt County commissioners will give the final approval. Morgan addressed the Commissioners about the CDBG in a teleconference call at their March 30 commission meeting.
The CDBG micro loans have stringent requirements but because of the COVID-19 crisis, the Kansas Department of Commerce has loosened those requirements and is encouraging distribution of those funds as soon as possible, Morgan said.
(Read more: Pratt, KS – Pratt Tribune)
