Business Recovery Grants on Hold

March 2, 2022

Business Recovery Grants on Hold

The North Carolina Department of Revenue will temporarily stop accepting Phase 2 applications for Business Recovery Grants as the General Assembly considers increasing eligibility for additional types of businesses. Legislation creating the Business Recovery Grants limited eligibility to businesses that collect sales tax and made ineligible certain types of service businesses that were severely impacted by the pandemic. Legislative leaders have expressed willingness to examine eligibility before remaining funds are awarded. The department will continue to process Phase 1 grant awards to approved eligible businesses, but additional applications will not be accepted at this time. The pause in applications does not affect businesses that applied for grants during the original application period. Those businesses may expect to receive communication from NCDOR about the status of their application and payment within the next week. For updates on when applications will be accepted, visit ncdor.gov/business-recovery-grant.

Topics:

Uncategorized

State:

North Carolina

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