The Oregon City Council unanimously approved resolutions of support for six Oregon businesses, allowing them to submit Downstate Small Business Stabilization applications for grants through the city.
The amount listed for each of the grants is $25,000. The money comes from the state and federal governments, comes at no cost to the city and does not have to be paid back. The city receives the money and distributes it to the businesses.
The businesses include Hector’s Cocina, Father & Son Pizzeria, Franklin Street Pub, Hagemann Enterprises, Joanne’s Total Image Salon & Spa and Fischers, Inc.
“Twenty million is what’s available across the state,” Finance Commissioner Terry Schuster said. “That means there are 800 businesses across the state at maximum that would be able to benefit from this. We need to get these in soon so we can take advantage of available money before it runs out. We have not been informed that the money has run out so I’m optimistic that it will still be available when these are turned in.”
A public hearing was held on the applications, as required by law. No objections or public comments were made. A resolution was made for each business and each passed unanimously.
The city has been putting its economic development representatives to work helping the businesses with the applications, as the city has shifted its efforts from attracting businesses to working to keep the ones it has during the COVID-19 pandemic.
Oregon Mayor Ken Williams said that if received, the businesses will put the money towards expenses like advertising, personnel, rent, utilities and debt payments.