CINCINNATI (FOX19) - Assistant County Administrator Holly Christmann and Commissioner Denise Driehaus discussed a new program that uses a portion of our CARES Act allotment to help small businesses in Hamilton County.
Driehaus said starting next week, small businesses will be able to apply for forgivable loans for up to $10,000 per business. The goal is to help small businesses that didn’t get federal assistance.
It will be available using $5 million in federal CARES Act funding.
“We do anticipate an overwhelming response,” Christmann said.
Uses for the loan include rent, payroll, paying for liquor license renewals, capital improvements to allow for reopening.
Hamilton County is aiming this at businesses with less than $1 million in gross revenue, have 50 or fewer total employees, show at least a 50 percent revenue reduction due to the pandemic and have not already received federal coronavirus aid.
Christmann commended Hamilton County residents for their efforts to support small businesses, and congratulates small businesses on their quick pivot in the last several months.
Ohio Gov. Mike DeWine announced reopening plans for the state’s restaurants and salons Thursday.
Hair salons, nail salons and barbershops can open on May 15.
For bars and restaurants, outside dining will begin on May 15 and inside dining on May 21.
“Reopening Ohio is a risk, but it’s also a risk if you don’t move forward. We’re on a dangerous road that has never been traveled before in Ohio and the danger is that we relax and stop taking precautions,” said Governor DeWine. “All of us collectively control this. I ask you to take calculated risks and make good judgments. Continue social distancing, washing your hands, and wearing face coverings. If you aren’t concerned with what happens to you, do it for others.”
To read a list of requirements for reopening click here.
According to the Ohio Department of Health, there are 1,572 cases and 93 deaths in the county.
On Monday, Hamilton County Treasurer Robert Goering said the county is delaying the due date for real estate taxes until July 17, 2020.
They were originally due on June 22.
He said the taxes fund very critical functions such as schools, the zoo, local governments and police and fire departments.