Grants up to $5,000 available for eligible small businesses in Palmview impacted by COVID-19
Texas Border Business
Palmview, Texas – Palmview Mayor Ricardo “Rick” Villarreal and the Palmview City Council are pleased to announce that the city will be offering up to $100,000 in grants to small businesses in Palmview that have been negatively impacted by the Coronavirus Disease 2019 (COVID-19) pandemic. The purpose of the Small Business Grant Program is to provide temporary, short-term financial assistance to assist eligible small businesses with expenses such as employee payroll, mortgage or rental lease payments, utilities, and other eligible expenses.
“Our small businesses are the backbone of our community and we know that our community is suffering tremendous losses as a result of this pandemic,” said Mayor Villarreal. “As city leaders, we are doing everything we can to provide support and assistance for our community during this time, and we know that this program will provide some relief for our small businesses,” he added.
Funding from this program is made possible by federal CARES Act funds from Hidalgo County that have been allocated to the City of Palmview in response to the COVID-19 pandemic and to assist with the community’s recovery. Palmview will be establishing the Palmview CommUNITY Assistance Recovery Economic Stimulus (CARES) Center to assist residents and the business community with any COVID-19 related needs, questions, and resources, including providing information and assistance with applying for the Small Business Grant Program. More information regarding the Palmview CARES Center (location, hours, types of assistance) will be made available soon.
Grants of up to $5,000 will be available depending on the level of annual net revenues. Eligible entities must satisfy certain requirements to qualify for a grant. Businesses must be located within Palmview corporate limits, must have a maximum of 20 employees and maximum annual net revenues of $100,000. Businesses may only receive one award under this program. Corporate franchises, not-for-profit corporations, and residential rentals are not eligible for funding from this program. Eligible businesses will also be further reviewed and prioritized according to program policies.
Applications will be available online at https://cityofpalmview.com/palmview-cares-center/.
Applications can be accepted at Palmview City Hall (400 W. Veterans Blvd.) in Palmview Monday – Thursday from 7:30 am to 5:30 pm and Friday from 8 am to 5 pm, or via email at palmviewcaresbusiness@cityofpalmview.us beginning July 22, 2020.
For more information, contact: 956-432-0319 or email palmviewcaresbusiness@cityofpalmview.us.
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