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22 <br /> <br />Totals 244 $1,210,550 $3,204,410.82 $4,414,960.82 <br /> 1 <br />Orange County Economic Development staff completed reviews to check the business 2 <br />registration status with the North Carolina Secretary of State and/or Orange County Register of 3 <br />Deeds, and checked each applicant’s current Real and Personal property tax payment status 4 <br />with Orange County Tax Office to verify eligibility. A total of 168 of the 244 applicants returned 5 <br />the requested information. 6 <br /> 7 <br />The following table represents demographic information for women, minority and co-owned 8 <br />women businesses. 9 <br /> 10 <br />Breakdown of 244 Applications 11 <br />Breakdown of 244 Applications 12 <br />Percentages of Women and Minority- <br />Owned Business Owners Women Owned <br />90 out of 244 <br />Applicants <br />37% <br />Minority Owned <br />34 out of 244 <br />Applicants <br />14% <br />Co-owned by Women <br />44 out of 244 <br />Applicants <br />18% <br /> 13 <br />Gary Donaldson made the following PowerPoint presentation: 14 <br /> 15 <br />Emergency Small Business Fund 16 <br />Final Report 17 <br />May 19, 2019 18 <br /> 19 <br />Background 20 <br /> The Board of County Commissioners approved an Emergency Small Business Funding 21 <br />on March 24, 2020 in response to COVID-19 pandemic; 22 <br /> Funded through $300,000 appropriation in Article 46 Orange County small business 23 <br />loan program; 24 <br /> Application period open to small businesses for more than two weeks; March 25 25 <br />through April 10, 2020. 26 <br /> BOCC approved a 9-Member Funding Committee which met and approved the award 27 <br />recipients. 28 <br /> 9-Member Funding Committee composition; 29 <br />- Two members Small Business Loan Program 30 <br />- Two members Small Business Grant Program 31 <br />- Two members Agriculture Grant Program 32 <br />- One member each from Towns of Carrboro, Chapel Hill and Hillsborough 33 <br /> Collaborative Departmental effort by Manager’s Office, Economic Development, 34 <br />Finance, Information Technology, Register of Deeds, Tax Office to respond to small 35 <br />businesses’ needs 36 <br /> 37 <br />Eligibility Requirements 38 <br /> Orange County based businesses 39