Financial assistance through a locally organized program established in May benefited 57 businesses and non-profits throughout Jasper County, Newton Development Corporation announced June 19 in a press release.
Because of “the generosity of so many,” a total of $128,525 was dispersed amongst those who had been accepted into the Small Business Assistance Program, which was made as a response to the COVID-19 pandemic.
COVID-19 forced several businesses to close their doors for an extended period of time. Some establishments, like restaurants, adapted to a delivery or pick-up only style of business since dine-in meals were strictly prohibited.
The program was a joint effort between Newton Development Corporation, Jasper County Economic Development Corporation, Jasper Community Foundation, City of Newton and Jasper County to help those stores in need.
Applications were received from Baxter, Colfax, Kellogg, Lynnville, Monroe, Newton, Prairie City, Reasnor and Sully.
Representatives from each entity reviewed applications filled out by recipients requesting funds. Documentation had to be provided to show what business owners’ rent/mortgage and utility bills were for April.
Applicants had to be an independent, locally owned business in Jasper County with under 25 employees and could not have received another form of assistance from the state or federal government.
The first checks were issued on May 29. A second round of checks were provided on June 19.
Contact Christopher Braunschweig at
641-792-3121 ext. 6560 or
cbraunschweig@newtondailynews.com
