The City of Alhambra has announced the newly created COVID-19 Small Business Assistance Grant (SBAG) Program to aid for-profit small businesses located within Alhambra. Approximately $150,000 in grants funds are available for the program.
Businesses with 25 employees or less (including the owners) are eligible for grant awards of $5,000 to offset costs incurred as a result of COVID-19. Businesses will be subject to eligibility requirements and if approved, grants can be used for the following types of expenses:
• Overhead expenses.
• Rent and utilities.
• Business services to increases capacity to carryout business activities including marketing and promotions.
• Payroll expenses including hiring bonuses (within limits).
• Business inventory and supplies including Personal Protective Equipment (PPE).
• Day-to-day expenses including maintenance, capital or equipment purchases for business operations
“The last two years have been very difficult financially for our small businesses,” said Mayor Jeff Maloney. “Funds from this program can help support local business owners to continue to rebuild and recover from the damage caused by the pandemic.”
A complete list of eligibility requirements is available, along with the application form, on the City of Alhambra’s website at: https://www.cityofalhambra.org/606/Small-Business-Assistance-Grant.
The deadline to submit the application is 5:00 PM on April 14, 2022.