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Economy

Moline Offers Help to Small Businesses

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Businesses hurt by the pandemic can get some help from the city of Moline. It's accepting applications for another round of the Small Business Relief Loan Program.

Community Development Program Manager K. J. Whitley says the forgivable loans are for businesses with two to 50 employees. In the previous round, the city handed out 5,000 dollars each to nine businesses.

"We were able to help nine businesses, many of them were restaurants or bars but we did have some small retail businesses that we were able to help too. "

Loan recipients can use the money for a variety of expenses, including rent, salaries, and to buy new equipment. The deadline to apply is April 30th.

Whitley says Moline is planning another round, in late May or early June, with forgivable loans of up to 10,000 dollars.