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Medford has more COVID-19 business assistance funds

Medford businesses impacted by the COVID-19 pandemic will be able to apply for financial assistance from the city starting Friday.

The city of Medford announced $250,000 in available funds, which comes from cannabis tax revenue. Medford City Council approved the use of the money Dec. 17, 2020. To date, the city has provided $500,000 in financial assistance for small businesses.

Grants will be given to small businesses affected by Gov. Kate Brown’s executive order that limits or prohibits service at establishments such as bars, restaurants and gyms, according to a press release from the city. The money — $3,000 per recipient — can be used to help with rent or mortgage payments, utilities or payroll.

Those interested can apply online at cityofmedford.org. The application will go live on the site at 10 a.m. Friday, Jan. 8. Qualifying businesses must be a bar, restaurant, brewery, winery, indoor gym or fitness establishment. They cannot have more than 15 non-owner employees as of March 1, 2020, must have a Medford business license, have no outstanding city-related liens, fees or code enforcement cases, and cannot be affiliated with a franchise. The completed online application and a copy of the establishment’s W-9 form are required.

The city of Medford is using cannabis taxes to help small businesses hurt by pandemic restrictions.Mail Tribune/file photo