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Federal money available for small businesses in Macomb County, but deadline looms

Published  June 23, 2020 9:12pm EDT
Macomb County
FOX 2 Detroit

MACOMB COUNTY, Mich. (FOX 2) - About 4,000 businesses in Macomb County can get a $5,000 grant from the CARES Act to help ease the pain of the coronavirus.

The only criteria are you've got to have a physical location in Macomb County and less than 49 employees. There is about $20 million available.

Deadline approaching for small businesses to claim federal money in Macomb County

There are 4,000 businesses in Macomb County which can get a $5,000 grant from the CARES Act to help ease the pain of the coronavirus.

"You can use it for payroll, a mortgage payment your rent, payment your utilities," said Stacy Ziarko, CEO Sterling Heights Chamber of Commerce. "If you have to start your supply chain again as a restaurant. This is really to help you- that's what it's here for."

But the filing deadline is Wednesday at midnight and amazingly, a lot of businesses in Macomb County don't know about this free money which they don't have to pay back.  

You will need a W9, and you need a recent utility bill and sign an affidavit by Wednesday at midnight, which can all be done online and you're good to go. 

The list of requirements are:

  •     Must have a physical location in Macomb County (office/building/store front).
  •     Employee size is 1- 49 employees.
  •     Must be a for-profit organization.
  •     Business must have a valid Employer Identification Number (EIN).
  •     Business must have been in business for at least 12 months.
  •     Business must showcase a verifiable need for working capital to support payroll expenses, rent, mortgage payments, utility expenses and/or other similar expenses that occur in the ordinary course of business.

The grant application is at  www.MacombBusiness.com