Small Business Assistance Grant Available to Help Lake County Companies

July 8, 2020

Lake County just launched an important new small business assistance grant fund to help local businesses impacted by COVID-19 reopen and adjust to the new operating environment. The intent of the grant is to cover occupancy and some operating costs for up to four months.


The grants cover 4.5-times average monthly rent, capped at $30,000, and can be used for payroll, business rent/mortgage, utilities, inventory, and incremental COVID-19 related business expenses.


A business must be located in Lake County, have less than $2.5 million in annual revenue and be incorporated – LLC, LLP, S Corporation, Sole Proprietor, etc. Currently, independent contractors are not eligible.


The application window will be open from 8 a.m. on Tuesday, July 7, 2020 to 11:59 p.m. on Monday, July 20, 2020. For more information go to lakecountyil.gov/forward