During Tuesday’s meeting of Pennington County Commissioners, Emergency Manager-Erik Beitel presented a report on CARES act grants for local business. There were 4 sections to the first round of CARES grants which totaled $753,000. Round 2 of CARES grants began Monday and Beitel said he had already received 2 or 3 new applications.
Round 2 of CARES grants will be disbursed in amounts up to $30,000 to businesses that have at least 2 full-time employees and no more than 50 full-time employees. These businesses must also NOT have received a grant from Pennington COunty to cover the same costs or expenses since March 1st of 2020.
Non-profits can also apply for CARES grants up to $25,000. Applicants for the non-profit, round two portion of CARES grants must employ 20 or fewer full-time employees as of January 1st, 2020. If there is a parent entity located outside of Pennington County, only the local branch may apply.
There are several business which are ineligible, among them are: corporate chains, businesses in default before February 29, 2020, businesses that do not plan to reopen or businesses that derive income from gambling.
Applications will be accepted through October 23rd. Businesses and non-profits should call Erik Beitel at 218-683-7087