‘Revive Alabama’ grant program to help small businesses affected by COVID-19

SBA releases list outlining which businesses received paycheck protection loans
SBA releases list outlining which businesses received paycheck protection loans(KFYR)
Published: Jul. 9, 2020 at 9:51 AM CDT
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By WSFA Staff | July 8, 2020 at 10:57 AM CDT - Updated July 8 at 10:32 PM

MONTGOMERY, Ala. (WSFA) - Gov. Kay Ivey announced another program to help support Alabama’s small businesses impacted by the coronavirus pandemic.

According to the governor’s office, the Revive Alabama grant program will support small businesses by reimbursing them for expenses they incurred due to operational interruptions.

Qualifying businesses may receive up to $15,000 to reimburse these expenses if they have not received federal assistance for the corresponding item, they are claiming with the state.

“In many ways, our small businesses were hit the hardest from the coronavirus pandemic,” Ivey said. “Ensuring these owners have every opportunity to recoup expenses incurred due the disruption of business is essential to getting our economy roaring once again.”

NFIB State Director Rosemary Elebash said this is a “significant” help.

“I can see many business owners using these dollars just to keep not only their employee safe, but certainly their customers safe,” she said.

Elebash anticipates businesses will use it for costs associated with personal protective equipment like hand sanitizer and masks.

Paul Do, co-owner of The Seafood Bistro, said if he receives the grant it would be a “major help” and would be used for cleaning supplies.

“We’re spending more money on cleaning supplies than we used to,” Do said. “So that will help us tremendously while we while we’ve weathered the storm so to speak.”

Business owners may access the grant application through the Alabama Department of Revenue’s (ALDOR) Revive Alabama website. The application period for the Revive Alabama Small Business Grant Program will open at noon on July 16 and will run through midnight on July 25.

All applicants must first establish a secure My Alabama Taxes (MAT) account to protect their personal and business information on submitted applications, Ivey’s office added.

Grants will be awarded to qualifying applicants on a first-come-first-served basis until the funds are exhausted. Ivey’s office says there is no set cap on the number of businesses that may be awarded a Revive Alabama Small Business Grant.

Copyright 2020 WSFA 12 News. All rights reserved.

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