MCALLEN, Texas (KVEO) – McAllen city officials are partnering with the city’s chamber of commerce to distribute thousands of dollars in grants to 49 small businesses affected by COVID-19.
However, within a matter of hours those funds were claimed.
Earlier this month, Jaime Gutierrez, James and James formal wear general manager, applied for a small business grant through the McAllen Chamber of Commerce.
“Since we were required to close in March we had to close all doors. It kind of messed us up, because prom is April and May. That is kind of like our busiest season. It counts for 40 percent of our income,” Gutierrez said.
However, he is one of the lucky ones, because his business is one of the 49 that was pre-approved out of more than 300 other businesses. After the chamber posted the application online, in a matter of hours until all the money was spoken for, “If we didn’t get the 10k from the city more than likely we would have to reduce staff,”
President and CEO of the McAllen chamber, Steve Ahlenius, says there is a possibility more money maybe on the way, “That’s a decision that the city’s going to have to make in terms if they want to fund a second round of grants. I suspect they are going to want to, because of just the amount of impact that these small businesses have had,” Ahlenius explained.
If you are interested in relief grant or zero interest loan funding, the McAllen Chamber of Commerce is still accepting applications. Click here for more information.