The application deadline for the Community Development Block Grants (CDBG) and Economic Develop Revolving Loan Funds (EDLRF) is Friday, May 29, at noon. Applicants must be outside the city limits of Great Bend, meet the low-to-moderate income criteria, and all other guidelines as evidence in the application.
The national objective is job retention, and the monies must be used for working capital. The Department of Commerce defines that as salaries and wages, purchase of inventory, utilities, rent, insurance payments, etc. is up to a $25,000 maximum per job retained. A business with less than 5 full-time employees may apply for a maximum of $30,000 ($25,000 per job retained, and 6-50 full-time employees a maximum of $50,000.
Also, at least 51% of a business’s employees must be considered low-to-moderate income. Each employee will need to complete an Employee Certification Form, defining how many people are in their household and the total family income from all family members in 2019. Employee income limits are set below.
Funding is available for businesses located in Barton County, that are situated outside the city limits of Great Bend. This includes companies in Hoisington, Ellinwood, Claflin, and other rural areas. Please call Great Plains Development at (620) 227-6406 for further details, eligibility requirements, and to complete an application.