November 18, 2020
For small businesses that are feeling the burden of the economic impacts of the ongoing COVID19 pandemic, Governor Ivey has announced some more relief in the Revive Plus grant. The Alabama Department of Finance is administering additional funding of grants up to $20,000 for eligible applicants. If you are an Alabama-based business, a Non-Profit, or a Faith-Based organization; with 50 or fewer employees; and meet additional eligibility requirements, you have the opportunity to apply. The window opens at noon on Monday, November 23, 2020, and ends at noon on Friday, December 4, 2020. Additional eligibility requirements include:
If you have questions, please check out the ALDOF site.
To submit an application during the window, go to the Submission site.
Please check out our client resources for W-9 or other forms.
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First time borrowers: $35 billion has been allocated for new first draw for PPP borrowers
If you are a first time PPP Loan borrower, there are some eligibility requirements to consider:
· Eligible business –...