Village of Mukwonago & Citizens Bank: Small Business Grant Program

Citizens Bank
Last date: 
Monday, August 31, 2020
Country: 
United States

Detailed Description

Village of Mukwonago & Citizens Bank Small Business Grant Program is providing grants of up to $5,000 per qualifying business.

The Village of Mukwonago and Citizens Bank Small Business Grant Program (SBG) will provide small businesses within the corporate boundaries of the Village direct financial support for eligible projects and/or expenses.

The goal of this program will be to help businesses under $1,000,000 in annual sales recover successfully from the Village State of Emergency.

Objectives

To help small businesses that closed or partially closed related to the Safer at Home order, the Village’s State of Emergency, or the coronavirus, to reopen in a way that also encourages reinvestment in the community.

Funding Information

  • The funding for this program is provided through a combination of the Village of Mukwonago and contributions from Citizens Bank in a total amount estimated to be $50,000.
  • The approval process will consider the attached application and the statement of need. Maximum Grant Amount: Grants have a maximum of $5,000 per qualifying business, until all available funds are expended.

Target Area

Any business within the Village of Mukwonago under $1,000,000 in annual sales/revenue.

Eligibility Criteria

The program is intended to assist small businesses in the Village of Mukwonago.

  • Businesses must be located within the Village of Mukwonago.
  • Business must have been in operation prior to January 1, 2020.
  • Businesses must have annual sales/revenue less than $1,000,000 annually.
  • Applicants must provide a good or service. This will typical be retail businesses.
  • Applicants must have a bank account.
  • Applicants must use this grant for the stated business purposes in the application.
  • If the business is sold within 24 months, applicant shall repay the SBG monies to the Village before closing.

Source: https://villageofmukwonago.com/small-business-grant-program/

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