Browse
Search
Agenda - 11-12-20; ITEM 3 - Update on COVID-19 Long Term Recovery Planning
OrangeCountyNC
>
BOCC Archives
>
Agendas
>
Agendas
>
2020
>
Agenda - 11-12-20 Virtual Work Session
>
Agenda - 11-12-20; ITEM 3 - Update on COVID-19 Long Term Recovery Planning
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
11/6/2020 2:59:30 PM
Creation date
11/6/2020 2:50:49 PM
Metadata
Fields
Template:
BOCC
Date
11/5/2020
Meeting Type
Work Session
Document Type
Agenda
Agenda Item
ITEM 3
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
45
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
DRAFT <br /> <br />17 <br /> <br /> <br />Forty-three percent (43%) of respondents applied for grants. The Economic Injury Disaster programs <br />were the most commonly used grant programs. Although thirty-one (31) survey participants indicated <br />they received a grant through the EIDL program, the EIDL program alone was a loan program, so these <br />respondents likely received grants through the EIDL Advance grant program that was offered along with <br />loan. Likewise, the respondents that indicated an SBA grant were also likely referring to the EIDL <br />Advance program that was administered by the Small Business Administration. <br />The Paycheck Protection Program (PPP) was a forgivable loan program that some respondents also <br />identified as a grant. The forgivable nature of the loan was maintained as long as the employer <br />maintained or quickly rehired back to pre-pandemic levels and sixty percent of the loan amount was <br />used for payroll. <br />Twenty five (25) of the respondents were awarded grants through the Orange County Small Business <br />Emergency Grant Program. <br />None <br />34% <br />Chamber of Commerce <br />16% <br />Trade Organization(s) <br />13% <br />Local <br />government <br />11% <br />Federal <br />government <br />9% <br />Local government, State <br />government, Federal <br />government <br />9% <br />Financial <br />Institution <br />8% <br />Resource for Recovery Programs <br />38
The URL can be used to link to this page
Your browser does not support the video tag.