The City of Lowell has established a Third Round of the COVID-19 Small Business Relief Fund to exclusively support eligible Lowell Restaurants and food businesses that have been negatively impacted by the COVID-19 pandemic.
Donor Name: City of Lowell
State: Massachusetts
City: Lowell
Type of Grant: Grant
Deadline: 03/31/2022
Size of the Grant: $10,000
Details:
Funding Information
- Grants of up to $10,000 each available exclusively to restaurants/ food businesses to reimburse for working capital expenses, including but not limited to rent or mortgage payments, payroll expenses, utility expenses, or business related fees (excluding municipal taxes, permits and licenses)
Eligibility Criteria
- Independently – owned restaurant/ food businesses
- The restaurant must have been operating in Lowell prior to March 1, 2020 (For businesses that have opened after March 2020, you will be required to document a loss of income over the past 20 months )
- Lowell-Based business
- Demonstrate a 25% loss in revenue for calendar-year 2021 (as compared with 2019)
- Retain at least one (1) full-time or full-time equivalent employee on payroll (excluding owner). A full time employee is considered one that works at least 40 hours per week.
- Business has at least one (1) year remaining on business lease or proof of commercial real estate ownership
For more information, visit City of Lowell.
