Small Business Stabilization Program, Round 2
Program Overview
Small businesses across the state have been struggling in the wake of COVID-19. The Small Business Stabilization (SBS) program allocates working capital to help them cover operating expenses. This will enable our small businesses to get back on their feet and back to profitability as soon as possible.
Businesses and livestock producers who previously received awards under Round 1 of this program and are not considered a restaurant, bar, hotel, convention center, cosmetology, massage and body art (i.e., body art, nail technology salons, cosmetology & esthetic salons, massage therapists, and barbers licensed with the Nebraska Department of Health and Human Services) which have a designated stabilization programs are NOT eligible for a second grant.
Program Awards
Each approved applicant will receive $12,000 on a first-come, first-served basis.
First-come, first-served will be determined based on the latest date of submission of a complete and final submission. For example, if an applicant submits an application and later makes modifications or provides updated or missing information, the re-submission date will be considered as the official submission date of the application.
Further, applicants can only receive one grant per Nebraska withholding ID.