The Revive Alabama Small Business Grant Program: Relief for COVID-19 Business Interruptions

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BACKGROUND OF THE PROGRAM AND GRANTS:

To reimburse qualifying Alabama small businesses for qualifying business interruption expenses they have incurred due to the COVID-19 pandemic, Governor Ivy has established the Revive Alabama Small Business Grant Program (the “Program”). ALDOR will award grants in amounts of up to $15,000.00. Because the Program will award the funds as grants, recipients will not have to repay the funds, unless the recipients have submitted false, fraudulent, or materially misleading information in their applications.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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