$40 million Small Business Relief Program NC Dept. of Commerce

Details
Sun, Sep 27
2020-09-27T00:00:00-04:00
2020-09-28T00:00:00-04:00
Online
Free
Contact
NC Dept. of Commerce
(919) 814-4600
Information
Tuesday, September 22nd Governor Roy Cooper announced that some NC small businesses experiencing disruptions to their operations due to the COVID-19 pandemic may be eligible and benefit from a $40 million relief program to help offset fixed costs like rent, mortgage interests, and utility bills.
The NC Mortgage, Utility, and Rent Relief (MURR) is administered by the NC Department of Commerce and can provide up to $20,000 in relief funds per qualifying business location. Business applicants from certain industry sectors that have not been able to operate during COVID-19 may apply for up to two of their businesses.
Applicants can apply for up to four months of mortgage interest or rent expenses, and utility expenses. The help offers relief for some of the fixed costs a business cannot easily control on its own. Applications to the program should open next week and will be addressed on a first-come, first-served basis. Applicants must certify that they were closed during the period of April 1 to July 31, 2020; they expect to be able to operate after the COVID crisis has passed; and they have not been reimbursed by any other federal source for the expenses they seek to reimburse through this program.
Eligible applicants include:
  • Amusement Parks
  • Banquet Halls (with catering staff)
  • Bars, taverns, night clubs, cocktail lounges
  • Bingo parlors
  • Bowling alleys/centers
  • Dance halls
  • Indoor fitness and recreation centers
  • Motion picture/movie theaters (except drive-ins)
  • Museums