Casa Grande, AZ (September 1, 2020) – Companies have faced challenging circumstances throughout the COVID-19 pandemic. Many have struggled to maneuver through continuously evolving impediments to economic viability and sustainability. Achieving a sense of normality has been a moving target. In mid-August, the (City) of Casa Grande (CG) launched CG CARES to extend financial assistance to qualifying businesses and federally recognized nonprofits for a one-time reimbursement up to $10,000. Although reviews have begun, applications are still being accepted through September 11, 5 p.m.
Thus far, $104,927 of the $500,000 program allotment has been awarded to local businesses and nonprofits. Sixty-two applications have been received, 23 reviewed and 19 awarded funding. However, 18 have yet to meet eligibility because their applications lack full documentation. As the City works to acquire more information, it as an important reminder to those seeking assistance that only fully completed and documented applications will potentially qualify for available funding. Applications are reviewed and approved on a first-come, first-served basis. Companies must demonstrate a loss of 25% revenue or more. Nonprofits must also explain how new or modified programming has benefited the community during and in dealing with the COVID-19 incident.
Applicable small businesses and non-profits are reimbursed with rent, mortgage, utilities and/or the purchase of personal protective equipment from March-April-May 2020 or April-May-June 2020. Companies that have received prior federal assistance are eligible for CG CARES funding consideration on a pro-rated basis.
