News Flash Home
The original item was published from 8/3/2020 3:21:00 PM to 8/3/2020 3:22:46 PM.

News Flash

Petersburg News

Posted on: August 3, 2020

[ARCHIVED] Petersburg is Open for Business! - Small Business Relief Program

open!HMPG

Petersburg is Open for Business!


Petersburg City Council has approved the COVID-19 small business grant program funded by the CDBG CARES Act. The goal of this program is to energize business collaboration and provide direct financial relief to businesses significantly impacted by COVID-19. The City will distribute grants based on need ranging from $500 to $5,000.


“This program is a direct result of the City actively listening to what our business community needs during this difficult time,” said Petersburg City Manager, Aretha R. Ferrell-Benavides. 


Eligibility for funding requires that the business: 

• Business is located in the City of Petersburg

• Pays taxes to the Commissioner of the Revenue

• Has been operational for at least 12 months (as of July 1, 2020)

• Has a Gross Annual Revenue of at least $25,000

• Employs 30 Full-Time Employees (FTE) or fewer

Business owners with multiple businesses can only receive one grant


“Our City Council genuinely empathizes with our local business owners,” Petersburg Mayor, Sam Parham. “Offering this grant funding will hopefully provide the necessary financial support our local small businesses are looking for as they navigate these current challenges.”


Businesses that are not eligible for relief:

• Businesses or franchises not headquartered in the City of Petersburg

• Independent Contractors in network marketing or on gig platforms

• Businesses engaged in speculation or investment in rental real estate

• Businesses deemed “Ineligible Businesses” under SBA guidelines


The application deadline for the first round of grant funding is 5:00pm on Friday, August 14th. 


CLICK HERE TO APPLY 

Facebook Twitter Email

Other News in Petersburg News

Memorial Day 640

Memorial Day 2023

Posted on: May 24, 2023
Farmer Street P 640

City Pool Open for Summer

Posted on: May 24, 2023
   ARB Vacancy 640

ARB Vacant Position

Posted on: May 23, 2023
Tall Grass 640

Report High Grass

Posted on: April 25, 2023
Message from Petersburg Assessor copy 640

Message From City Assessor

Posted on: May 12, 2023
Bus Transit 640 WML_6487

More Downtown Bus Service

Posted on: April 28, 2023
Stormwater surveying CLR  640JHW_2051

Stormwater Management Study Underway

Posted on: April 21, 2023