Oklahoma grants $13.9M to local businessesPublished: Friday, July 17, 2020 By: Carmen Forman Source: NewsOK
The Oklahoma Department of Commerce distributed $13.9 million in grants to 667 Oklahoma businesses last week as part of the governor's push to help local businesses with federal stimulus money.
Gov. Kevin Stitt vowed to disperse $100 million in CARES Act funds to help local businesses through the Oklahoma Business Relief Program.
The payments distributed last week were just the first round awarded to local businesses. The second round of applications for business relief closed shortly after it opened Tuesday because the Department of Commerce received such a flood of applications.
The grants are being awarded in a series of waves on a rolling basis. The agency is in the midst of processing additional grants.
Read the story on NewsOK.com.