Almost $57 million went to Kansas small businesses through Coronavirus Relief Fund

Nearly 3,000 Kansas small businesses affected by the COVID-19 pandemic received nearly $57 million in Small Business Working Capital grants, according to Gov. Laura Kelly. The Coronavirus Relief Fund assisted some of the hardest-hit businesses in the state when they needed it most, according to the governor. “We’ll use every resource we can to support small businesses as we recover from COVID-19,” Gov. Kelly said. “SBWC is just one of many programs we mobilized over the last year to strengthen and protect our businesses affected by COVID-19, so our businesses and our economy emerge from the pandemic stronger than before.” Kansas businesses with fewer than 500 employees were eligible to apply for SBWC grant funding made available by Governor Kelly’s Strengthening People and Revitalizing Kansas (SPARK) Taskforce through the federal CARES Act. Grant funds could be used to pay working capital expenses such as payroll, insurance, rent, mortgage payments, utilities, inventory and more.
Source: Wyandotte Daily