September 26, 2020
Some North Carolina
small businesses that have experienced extraordinary disruption to their operations due to the COVID-19
(Coronavirus) pandemic may benefit from a $40 million relief program to help offset fixed costs like rent, mortgage interests and utility bills
, Governor Roy Cooper
announced Tuesday September 22
The N.C. Mortgage, Utility and Rent Relief (MURR)
, administered by the N.C. Department of Commerce
, can provide up to $20,000
in relief funds per qualifying business location. Business applicants from certain industry sectors that have not been able to operate during the COVID
period may apply for up to two of their business locations.
Eligible applicants are amusement parks, museums, bars, banquet halls (with catering staff), bowling alleys, indoor fitness and recreation centers, movie theaters (except drive-ins), dance halls, and bingo parlors.
Applicants can apply for up to four months of mortgage interest or rent expenses, and utility expenses. Applications to the program should open next week and will be handled on a first-come, first-served basis. Applicants must certify that they were closed during the period April 1
through July 31
; they expect to be able to operate after the COVID
crisis has passed; and they have not been reimbursed by any other federal source for the expenses for which they seek reimbursement through this program.
Commerce will begin accepting applications soon. Business leaders can learn about the MURR program
by registering for one of the free educational webinars offered by Commerce
during the next two weeks. To find out more, click here