As some small businesses are still struggling to keep their doors open, they can now get as much as $40,000 in rent relief from Los Angeles County. Los Angeles County’s Small Business Rent Relief Grant Project just launched and will give grants of up to $40,000 to help businesses cover their rents that became past due as of March 4, 2020. In order to qualify, businesses must be "a brick-and-mortar location in the unincorporated areas of Los Angeles County, have an annual average of nine or fewer full-time equivalent employees, have an annual total gross revenue of no more than $1 million, and be able to prove a loss of at least 25% of their revenue over a 12-month timeframe that must include a portion of the time Los Angeles County was under the COVID-19 emergency order."
Applications will be considered with community risk factors and ability to recover from the health, economic, and social impacts of the pandemic in mind, then be ranked via lottery. They will start being accepted today and the last day to apply will be on November 24th. You can apply or find out more information by visiting ndconline.org or call (626) 210-4500.
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