OKLAHOMA CITY (KOKH) – Oklahoma businesses will be able to apply for grant funds through the Oklahoma Business Relief Program starting on June 29.
The OBRP offers funding for businesses that have suffered revenue loss due to the pandemic.
“We are excited to kick-off OBRP on Monday and get much needed funds to Oklahoma businesses impacted by the pandemic,” said Sean Kouplen, Oklahoma Secretary of Commerce and Workforce Development. “The Commerce team along with the Office of Management and Enterprise Services have been working hard to get this program launched quickly, but also to make sure this program runs as smoothly as possible for both the businesses and the financial institutions that are assisting with the application process and distribution of funds.”
Businesses that have suffered a decrease in revenue of 25% from 2019 to 2020 due to the impact of the coronavirus may be eligible.
Grants will be awarded to approved companies with a maximum award of $25,000.
July 10 is the deadline to submit an application.