The Employer Assistance Grant Fund which will contribute a total of $500,000 to local businesses and non-profits.  The County will start taking applications tomorrow, Wednesday, April 8th at 8 AM.  For information on the application process, click HERE.  In order to qualify, businesses must:

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• Be a for-profit corporation, partnership, or nonprofit with a for-profit activity in Los Angeles County;

• Have between 2 and 50 full-time employees;

• Have less than $2 million in gross receipts or annual revenue;

• Have been established on or before Dec. 4, 2019;

• Be able to produce tax returns; and

• Demonstrate significant economic hardship as a result of COVID-19. Businesses that have demonstrated evidence of a loss of revenue of at least 20% will have met this burden.

Businesses can use the money to:

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• Pay mortgages, rent or utilities;

• Cover working capital costs;

• Pay for inventory;

• Bridge funding to other lenders, such as Small Business Administration Payroll Protection; and

• Pay down other debt incurred before the covered period

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