Riverside County Supervisor Karen Spiegel said Friday, May 29, that $45 million in federal money is available to small businesses countywide impacted by the coronavirus-related public health shutdowns, and proprietors will be able to apply for individual grants of up to $10,000 each.
“Ninety-six percent of businesses in Riverside County are small businesses – 50 employees or less. These grants can be used for job retention, economic preservation, payroll, working capital, to buy personal protective equipment,” Spiegel said. “This is to alleviate the hardship experienced by private for-profit businesses located in Riverside County.”
The $45 million allotment was part of a larger $431 million award to the county under the Coronavirus Aid, Relief and Economic Security – CARE