Round Two Cares Act Business Grant Applications Open Today In Savannah

From City of Savannah:

Posted on: August 31, 2020

Applications for the second round of CARES Act funding for Savannah businesses will open Tuesday, Sept. 1, at 8 a.m. and remain open until Friday, Sept. 8, at 5 p.m.

Businesses can apply online at sbacsav.com/caressavannah.

To be eligible for a grant, businesses must meet the following criteria:

• Located within the City of Savannah limits
• In existence and operational as of Jan. 1, 2020
• Have 10 or fewer employees
• Have incurred a loss of income or hardship during the COVID-19 pandemic, and
• Have not received a City of Savannah CARES grant in round one.

The maximum grant amount is $20,000. The availability of grant funds is limited. Funds will be set aside for distinct target populations:

• Minority businesses (at least 51 percent owned and controlled by an ethnic minority)
• Businesses within neighborhood revitalization areas (CDBG census tracts)
• Businesses with five or fewer employees
• All other businesses

Applicants must submit the following documents:

• Current City of Savannah business license
• Last filed business tax return
• Monthly profit and loss statements from January to June 2020

Applications must be completed in full, including all required document uploads, by the deadline. Incomplete applications will not be considered.

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This press release was produced by City of Savannah. The views expressed here are the author’s own.