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38 <br /> DRAFT <br /> Resource for Recovery Programs <br /> Trade• government <br /> /Federal <br /> government <br /> mer MONO <br /> :C h:am b�e r o f�co m Local government,State <br /> government,Federal <br /> government <br /> 9% <br /> Financial <br /> Institution <br /> 8% <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 /> 17 <br />