Fifty Lynnwood small businesses set to receive $10,000 grants for COVID-19 economic relief

By City of Lynnwood | Press Release

LYNNWOOD, WA, July 24, 2020 — Today the City of Lynnwood announced the award of Lynnwood’s Small Business Relief Grants. Fifty small businesses will receive $10,000 grants. In June, the Lynnwood City Council unanimously approved the allocation of $500,000 of the City’s federal CARES Act funding to be put towards a business relief program to provide economic support to our local small businesses that have been negatively impacted by COVID-19. 

“Supporting our local small businesses will be key to our community’s economic resiliency throughout the coronavirus pandemic,” stated Council President Christine Frizzell. “These grants will help retain jobs, help our businesses follow appropriate COVID-19 requirements, and help put them on a course for financial stability through these difficult times.”

Last week, the City notified fifty small businesses that have been selected to receive a $10,000 grant to provide economic relief due to COVID-19. In total, the City received 176 applications requesting funds to support various relief efforts such as retaining employees and payroll, business rent or mortgage payments, addressing temporary COVID-19 related restrictions on business activity, and/or additional technologies to enable alternate service delivery. 

Businesses were required to be located inside City Limits and have a current City of Lynnwood business license, have 10 or less employees, and demonstrate at least a 25% decrease in revenues due to COVID-19. Applicants were reviewed and scored based on the listed criteria.

“The City of Lynnwood is committed to supporting our small business community during these difficult times,” stated Mayor Nicola Smith. “We value the important role small businesses will play in the recovery of our local economy.”  For more COVID-19 business resources, visit 
LynnwoodWA.gov/COVID-19BusinessResource 

Mario Lotmore

Mario Lotmore is originally from The Bahamas and for the last seven years has called Mukilteo, WA his home. Having lived in every region of the United States has exposed him to various cultures, people, and approaches to life. Lotmore created the Lynnwood Times to represent the character of a diverse and growing Lynnwood. The launching of the city’s free community newspaper will only help bring neighborhoods together. Lotmore was an industrial engineer by trade and proven success implementing and managing lean accountable processes and policies within his eighteen years of operations excellence, strategic development, and project management in the aerospace, manufacturing, and banking industries. Over his career he has saved and created hundreds of union and non-union jobs. Lotmore is the President of a Homeowner Association, an active Science Technology Engineering and Mathematics volunteer in his community, and former Boeing 747 Diversity Council leader. Mario’s talent is finding “that recipe” of shared destiny to effectively improve the quality of life for others.

Mario Lotmore has 525 posts and counting. See all posts by Mario Lotmore

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