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North Carolina Job Retention Grant

Did you miss out on the Federal Payroll Protection Program? You may have another opportunity to secure funds to help your business during these difficult times. The application deadline is September 1st, so act quickly if you are interested in this grant.

If your business or non-profit organization experienced interruption due to the COVID-19 coronavirus pandemic, North Carolina’s Job Retention Grant (JRG) Program may be able to offer assistance in your time of need. The potential grant is up to two months of the entity’s average payroll, plus 25%. The grant may not exceed $250,000 per entity.

The business must meet certain requirements. These include the following:

Only employers with employees may apply (so if you are self-employed and file your return on a Schedule C, you would not qualify for this program unless you also had payroll employees).

You can read more about the program and application process here.  https://www.nccommerce.com/grants-incentives/disaster-recovery/job-retention-grant-jrg

In order to apply, you will need to gather several payroll documents from 2019 and 2020.  Our office can assist in gathering these documents for new and existing clients.  Please call 828-324-1661 for an appointment.

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