Michigan businesses may be eligible for a recovery grant or a business microloan to help them during this time of uncertainty. There are several requirements for eligibility but most are easy to meet. There is even a webinar to help potential applicants gather and complete their required documents for a grant or loan.
Grant money can be used for rent, payroll, utilities, purchase of inventory, and many other areas that would require capital for a business.
Applications are open now and they will be accepted until the Recovery Fund runs out.
Ineligible businesses are franchises, nonprofits, chains, adult entertainment (strip clubs), and lending businesses.
For more information, click here: http://miwf.org/mwf-entrepreneur-resilience-fund/?inf_contact_key=2e73f4460603ffa603382f025e213d9e
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