By Richard Van Winkle, News of Mill Creek.
On Tuesday, December 1, 2020, Finance Director Jeff Balentine informed the city council that Mill Creek received an additional $117,192 of federal Coronavirus Aid, Relief, and Economic Security (CARES) Act funding from Snohomish County.
Earlier this year the city council approved grants totaling $600,000 for small businesses and $70,000 for service organizations out of the $927,000 federal Coronavirus Aid, Relief, and Economic Security (CARES) Act funding allocated to Mill Creek by the State of Washington.
Balentine told the city council that all of the additional funds would be distributed to eligible Mill Creek small businesses.
He explained that completed grant applications have to be submitted to the city by 5:00 pm on Wednesday, December 16th, and awards would be distributed before the end of the year.
Here is the small business eligibility criteria:
- Physically located in Mill Creek with a current and active Unified Business Identification Number (UBI) and City of Mill Creek business license endorsement.
- Must not have previously received grant money from the City of Mill Creek or Snohomish County.
- Must have 50 or fewer full-time equivalent employees as of April 1, 2020.
- Must demonstrate a minimum 25% reduction in gross revenues versus prior year (including a reduction of at least $10,000) due to negative impacts caused by the COVID-19 pandemic from April 1st to September 30, 2020.
- Must demonstrate a minimum of $10,000 of normal operating costs and expenses from April 1st to September 30, 2020. Grants awards will not exceed the documented COVID-19 related loss.
- Must not be involved in the production, processing, promotion, distribution, or sale (wholesale or retail) of marijuana and cannabinoid products, concentrates, or extracts; and
- Must meet all other eligibility requirements specified in the grant agreement and Federal terms and conditions.
For more information please click on the following link: CARES Relief Grant.