County officials said the money is not available for financial institutions, e-commerce, vaping, liquor stores, or franchises, unless they are completely locally owned and operated.
The grants will be issued based on a businesses’ 2019 revenue. Those that earned less than $25,000 could see grants up to $2,500. Businesses with revenue between $25,000 and $50,000 are eligible for grants up to $5,000. Those with revenue between $50,000 and $100,000 can receive up to $7,500. The maximum allocation for businesses that brought in more than $100,000 in 2019 is $10,000. Any previous grant recipients would have this round of grants cut in half, said Cappelli.
For more information, you can go to www.camdencountyrecovers.com or call (856) 389-6704. The application will be reviewed, and money given on a first-come, first-served basis. Grant applications will be accepted until Nov. 30, 2021.
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