Prescott: Randolph County receives $250,000 for local businesses

Posted by: Lydia Kirschner  | Friday, September 4, 2020 12:29 pm

STATEHOUSE (Sept. 4, 2020) – State Rep. J.D. Prescott (R-Union City) said Randolph County recently received a $250,000 grant from the Indiana Office of Community and Rural Affairs to help small businesses.

Randolph County can provide loans to help assist small businesses by funding working capital in reopening, restocking and helping pay for remote work technology.

"Hoosier small businesses have certainly been feeling the financial stress caused by this pandemic," Prescott said. "We understand rural communities and local employers are key to our economy bouncing back, and this additional funding will help several businesses throughout Randolph County as they work hard to succeed and overcome challenges they are facing."

According to Prescott, 42 rural communities were recipients of the second round of funding, which was distributed through OCRA's COVID-19 Response Program. He said more than $20 million to date has been awarded to counties, cities and towns to help cover payroll and operational costs for local businesses impacted by COVID-19.

Funding for Indiana's COVID-19 Response Program comes from the federal CARES Act passed at the outset of the pandemic.

More information on the COVID-19 Response Program is available at in.gov/ocra.

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State Rep. J.D. Prescott (R-Union City) represents House District 33, which

includes Jay and Randolph counties, and a portion of Delaware County.

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