Westside Bowl, Whistle & Keg amongst Youngstown companies in search of $10Okay pandemic grants

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The fund, established in January, provided nearly $ 220,000 in grants to local small businesses to help alleviate the financial hardship caused by the pandemic by creating and maintaining jobs in low-income areas.

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Five Youngstown companies are grabbing a government lifeline to recover from the effects of the COVID-19 pandemic.

The city regulatory agency meets Thursday to consider approving grants of $ 10,000 through the Youngstown Business Stabilization Fund.

The fund, established in January, provided nearly $ 220,000 in grants to local small businesses to help alleviate the financial hardship caused by the pandemic by creating and maintaining jobs in low-income areas.

The five companies under review by the board include Santisi Wholesale Foods; Westside Bowl restaurant, entertainment venue, and bowling alley; Brewer and Bar Whistle & Keg; Restaurant supplier WC Zabel; and video production company Cinemanix.

Funding sources for the program include $ 200,000 in additional Community Development Block Grant funds provided by the CARES Act and $ 20,000 provided by the KeyBank Business Boost and Build program, provided by JumpStart provided.

Valley Economic Development Partners will administer the program on behalf of the city and support services will be provided by the Minority Business Assistance Center at YBI and the Export Assistance Network of the Ohio Small Business Development Center at YSU.

Organizations with 3 to 25 employees can receive reimbursement of up to $ 10,000 for operating expenses incurred after March 15, 2020.

Eligible costs include payroll, rent, insurance, and costs related to implementing new operating practices related to COVID-19 challenges.

The meeting of the Control Council to examine the applications will take place on Thursday, May 27, 2021 at 9:30 a.m. via Zoom.