The hassle contains numerous $2,000 grants to bars, eating places, hair salons, health facilities, retailers and leisure venues that needed to shut down or had been in any other case impacted by COVID-19 restrictions.
And there have been numerous $1,000 grants to childcare suppliers, in addition to greater chunks of cash offered (a median award of $16,735) to 18 companies damage by the pandemic (for a complete of simply over $301,000).
The county additionally offered block grants that averaged about $10,000 to 30 companies damage by the pandemic (for a complete block grant outlay of $305,500.)
Right here’s a more in-depth look: The county offered $1,000 grants to 69 qualifying daycare suppliers (for a complete of $69,000.)
Most of the $2,000 grants went to 64 companies that had been directed to close down (at a complete value of $128,000.)
Different $2,000 grants went to 27 companies impacted by COVID-19 restrictions (at a complete value of $54,000.)
General, about $682,000 of the cash used for these native enterprise grants got here from the state. One other $102,000 got here from Becker County funds, accredited by the County Board previous to the state offering the $682,000.
The remaining $74,000 additionally comes from county funds, offered to satisfy the wants of qualifying companies after the state funds had been dedicated.
Scroll down on the doc beneath to see how a lot particular person companies obtained within the newest spherical of grants from Becker County:
It will really value one other $210,000 to completely fund qualifying losses by the native hospitality trade, Becker County Commissioner Barry Nelson stated on the county board assembly Tuesday. He pushed for the county to offer as a lot of that cash as potential, noting that native lodges have taken a monetary beating throughout the pandemic.
Earlier than he helps any extra county funding, Commissioner Ben Grimsley stated he must know if these companies have taken benefit of a federal, COVID-related, low-interest mortgage refinancing program. “It was a instrument that was out there, and I’d prefer to know if individuals took benefit of it, for my vote,” he stated.
Lodges are an necessary a part of the county’s tourism financial system, Nelson stated, and he wish to assist them utilizing county funds, if vital, whether or not they refinanced loans or not, he stated.
Commissioner Larry Knutson stated he wish to wait and see if extra federal funds turn into out there earlier than committing county funds.
Commissioner Richard Vareberg stated he’s versatile on the problem. “I positively nonetheless wish to take a look at it, if there are individuals nonetheless hurting on the market,” he stated.
Commissioners agreed that county cash dedicated to COVID-19 enterprise reduction grants (together with the $74,000 dedicated at this level) will probably be offset by any future federal COVID funding.