Lake County offering small business assistance grant
Lake County has launched a new small business assistance grant fund to help local businesses affected by COVID-19 reopen and adjust to the new operating environment, the county said in a news release.
The intent of the grant is to cover occupancy and some operating costs for up to four months. The grants provide up to $30,000 to cover up to four months of occupancy costs (rent, mortgage, utilities) as well as expenses incurred due to COVID-19 (new equipment, plexiglass, masks, sanitization services/materials, employee training, etc.).
A business must be located in Lake County, have less than $2.5 million in annual revenue and be incorporated -- LLC, LLP, S Corporation, Sole Proprietor, etc. Currently, independent contractors are not eligible.
The application window will be open from 8 a.m. Tuesday, July 7, to 11:59 p.m. on Monday, July 20. For more information go to lakecountyil.gov/forward