Deadline is Monday.
Monday is the deadline to apply for small business emergency relief grants ranging from $5,000 to $20,000 from Lowe's.
The nonprofit Local Initiatives Support Corporation, also known as LISC, is giving out the grants thanks to the home improvement chain's $55 million contribution. Applications will be accepted through 11:59 p.m. ET Aug. 3 in the fifth round of relief grants., the grants will"provide immediate relief for critical needs such as rent, payroll and operational expenses to keep businesses running." The grants do not need to be repaid.
Of the $55 million, $30 million will focus on small businesses owned or led by minorities and women and $25 million will support enterprises in rural communities, the release said."We cannot solve this need alone, and I encourage other companies to step up and make a difference in supporting small businesses, which are the cornerstone of our economy," Lowe’s president and CEO Marvin Ellison said in a statement.
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