Business & Tech
20 Edison Businesses To Receive CARES Act Grants
Amounts ranging from $410.97 to $30,000 will be distributed to small businesses in Middlesex County.
EDISON, NJ — Twenty small businesses in Edison will receive grants under the Federal CARES Act to help with revenue loss during the pandemic shutdown.
The grants were announced on Wednesday by Middlesex County, who did not release names of the specific businesses.
The U.S. economy officially entered a recession in February.
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The grant will use money from the CARES Act Small Business Relief Grant program. Amounts ranging from $410.97 to $30,000 will be distributed to small businesses.
Recipients of the first round of federal funding include restaurants, hair and nail salons, retail facilities, healthcare offices, manufacturing, construction, educational services, transportation companies and fitness studios.
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“The COVID-19 pandemic has had many unintended consequences, including for our small business communities. Not only have they been asked to limit or halt operations, but as we begin to reopen our economy, these cash-strapped businesses have been asked to adapt their businesses accordingly, making it even more difficult to make ends meet,” said Freeholder Director Ronald G. Rios.
“These grants will certainly make a positive impact in our business community,” he said.
To be eligible for the grants, businesses must employ less than 50 employees, have a net annual income of less than $1,000,000 based on their 2019 federal tax returns, and must show interruption and loss due to COVID-19.
In total, 123 local businesses in Middlesex County will receive the grant.
“The County’s commitment to its small business owners is fierce, and this first round of funding being distributed to 123 small businesses will make a huge difference in the lives of these businesses, the people they employ, and the communities they serve,” said Freeholder Leslie Koppel, chair of the Finance Committee.
Here’s the list of grants given out in Middlesex County:
- Carteret: 4 businesses
- Cranbury: 1 business
- Dunellen: 4 business
- East Brunswick: 7 businesses
- Edison: 20 businesses
- Highland Park: 5 businesses
- Jamesburg: 1 business
- Metuchen: 11 businesses
- Middlesex: 4 businesses
- Milltown: 1 business
- Monroe: 5 businesses
- New Brunswick: 13 businesses
- North Brunswick: 11 businesses
- Old Bridge: 4 businesses
- Perth Amboy: 5 businesses
- Piscataway: 2 businesses
- Sayreville: 2 businesses
- South Amboy: 1 business
- South Brunswick: 3 businesses
- South Plainfield: 4 businesses
- South River: 1 business
- Woodbridge: 14 businesses
Grant money is still available for small businesses. For more information on how to apply, please visit: http://www.middlesexcountynj.gov/mcsbrg.
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