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Hoke County Government has established a Small Business Resiliency grant program to assist qualified local businesses that suffered economic hardship as a result of the COVID-19 pandemic. The program is supported through the Coronavirus Aid, Relief, and Economic Security (CARES) Act.
The program will provide grants of up to $5,000 and is targeting small for-profit businesses with 10 or fewer full-time equivalent employees. The goal is to help businesses retain employees and maintain economic stability during the crisis.
To apply, businesses must operate within the Hoke County geographic service area, have a physical establishment occupying commercial space within Hoke County, have less than $1,000,000 in gross annual revenues, have not been approved for funding through other grant or forgivable loan programs related to COVID-19 relief (Payroll Protection Program, Economic Injury Disaster Loan, SBA Debt Relief, or SBA Express Bridge Loans).
Funds may be used for:
Certain business types are ineligible to apply, including:
Applications will be accepted until 5 p.m. on July 17, 2020. Applications will be reviewed by the Hoke County Small Business Resiliency Grant Program Committee and should be submitted to:
County Manager’s Office
Attn: Regina Hailstock
227 N. Main Street
P.O. Box 210
Raeford, NC 28376
The Program will be administered by the Economic Developer:
Hoke County Economic Development
101 N. Main St.
Raeford, N.C. 28376