Small businesses in the Lake Area have until October 31st to apply for COVID-19 relief money through the Federal CARES Act.

The money can go toward expenses like PPE and other modifications needed during the pandemic.

You can find applications at the Camdenton, Lake Area and Lake West Chambers of Commerce websites.

 

 

Camden County extends application deadline for financial assistance to local businesses through COVID-19 Business Assistance Grant Program
Early in September, Camden County announced the launch of a small business assistance program to provide economic support to small businesses in connection with COVID-19 provided through the Federal CARES Act. Camden County has received Coronavirus Relief Funds made available, on an application basis, to eligible businesses for necessary expenditures incurred due to the public health emergency.
Camdenton, Lake Area and Lake West Chambers of Commerce are collaboratively assisting the Camden County Commission managing an Advisory Committee to review the submitted applications prior to Camden County Commission approval. As of today, several complete applications have already been reviewed and approved for COVID-19 expense reimbursements. Coronavirus Relief Funds are expected to be approved by the commission for many of the applicants.
Funds may only be used to cover costs that:
  • Expenditures related to business interruption caused by required closures by State, County or City Order related to the Coronavirus Disease 2019 (COVID–19),
  • Expenditures associated with costs to operate businesses under State, County or City guidelines such as PPE and other modifications necessary to conduct business,
  • Expenditures incurred during or to be incurred the period that begins on March 1, 2020 and ends on December 30, 2020.
  • The requirement that expenditures be incurred as a result the public health emergency means that expenditures must be associated with actions taken to respond to the COVID-19 public health emergency.
The Application Deadline has been extended to October 31st, 2020 as funds are still available.
In addition, a low interest rate loan is available through the Lake of the Ozarks Council of Local Governments Revolving Loan Fund Expenses for business expenses the Camden County grant program does not cover. The loan application is available: https://www.loclg.org/financing-options or call 573-346-5692.
Applications can be found at the Camdenton, Lake Area and Lake West Chambers of Commerce offices as well as on each chamber’s websites:
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