Ohio Treasurer calls for small business grants

Coronavirus

Stack of 100 dollar bills with illustrative coronavirus stimulus payment check to show the virus stimulus payment to Americans

COLUMBUS, Ohio (WDTN) – Ohio Treasurer Robert Sprague called for at least $100 million in the state’s remaining federal CARES Act allocation to be used to create small business grants.

According to our partners at Sidney Daily News, the proposal has already gained support from several of Ohio’s leading business associations. This includes the National Federation of Independent Business Ohio and the Ohio Restaurant Association, both whose members continue to be affected by the coronavirus pandemic.

“With thousands of small businesses across the state closed or operating at a limited capacity, now is the time to utilize this federal relief to support Ohio’s small businesses and families who depend on them,” Sprague said.

According to the U.S. Treasury’s official Coronavirus Relief Fund Guidance for State, Territorial, Local, and Tribal Governments, CARES Act funds can be used to assist small businesses during the pandemic. CARES Act funds must be allocated and spent by December 31.

Grab the FREE WDTN News App from the Apple Store or Google play. Stay up to date with all the local news, weather and sports as well as live newscasts and events as they happen.

news-app-download-apple news-app-download-google-play

Follow Us on Facebook, Twitter and Instagram for all the latest news, weather and sports.

Copyright 2020 Nexstar Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

2019 TRICK OR TREAT TIMES

Latest Video on WDTN.com

Don't Miss

Interactive Radar

More As Seen on 2 NEWS