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Agenda - 11-12-20; ITEM 3 - Update on COVID-19 Long Term Recovery Planning
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Agenda - 11-12-20; ITEM 3 - Update on COVID-19 Long Term Recovery Planning
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Last modified
11/6/2020 3:34:50 PM
Creation date
11/6/2020 3:19:35 PM
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BOCC
Date
11/12/2020
Meeting Type
Work Session
Document Type
Agenda
Agenda Item
ITEM 3
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Agenda - 11-12-20 Virtual Work Session
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Path:
\Board of County Commissioners\BOCC Agendas\2020's\2020\Agenda - 11-12-20 Virtual Work Session
Minutes 11-12-2020 Virtual Work Session
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Path:
\Board of County Commissioners\Minutes - Approved\2020's\2020
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40 <br /> DRAFT <br /> Amount of Grant Funding Received <br /> 20 <br /> 18 <br /> 16 <br /> a <br /> ,A 14 <br /> 12 <br /> 3 <br /> m 10 <br /> O <br /> G! 8 <br /> E 6 <br /> 3 <br /> z 4 <br /> 2 <br /> 0 <br /> pp0 �p0 �p0 ppp ppp ppp �p0 ppp ppp ppp ppp ppp pp0 �p0 ppp ppp ppp ppp ppp ppp ppp <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 /> Percentage of Businesses Applying for Loans <br /> N ro — <br /> Yes <br /> _..WA <br /> 19 <br />
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