Orange County NC Website
Browse       Search
DRAFT <br /> <br />19 <br /> <br /> <br />A total of ninety-five (95) businesses reported receiving a pandemic related grant. Although the total <br />amount of grants received by local businesses ranged from $0 to nearly $200,000, approximately forty- <br />five percent 45% of the firms that received a pandemic related grant received between $1,000 and <br />$10,000. <br />A larger percentage of businesses applied for loans than for grants (58% compared to 43%). A total of <br />165 businesses reported receiving a pandemic related loan. Almost all of the loans were from the <br />federally sponsored Paycheck Protection Program (PPP) or the Economic Injury Disaster Loan (EIDL) <br />programs. <br /> <br />0 <br />2 <br />4 <br />6 <br />8 <br />10 <br />12 <br />14 <br />16 <br />18 <br />20 <br />Number of Businesses Amount of Grant Funding Received <br />Yes <br />58% <br />No <br />42% <br />Percentage of Businesses Applying for Loans <br />40