Monadnock Ledger-Transcript - New Hampshire to begin notifying businesses of Main Street grant clawbacks ledgertranscript.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ledgertranscript.com Daily Mail and Mail on Sunday newspapers.
Published: 3/5/2021 8:02:05 AM
New Hampshire businesses that received financial awards through the Main Street Relief Fund and the Self-Employed Livelihood Fund programs last year are being asked to return any excess profits. However, it isn’t clear how the state will use any of the money it recoups.
The programs, which were both funded through the federal CARES Act, awarded nearly $600 million to small- and mid-sized businesses through multiple rounds of grants. The money was awarded based on expected financial losses due to the pandemic.
Between March 1 and April 15, all recipients of either Main Street Relief Funds or SELF are required to report their 2019 and 2020 revenues to the Department of Revenue Administration.
New Hampshire businesses that received financial awards through the Main Street Relief Fund and the Self-Employed Livelihood Fund programs last year are
State Asks N.H. Businesses That Received COVID Grants To Return Excess Revenues nhpr.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nhpr.org Daily Mail and Mail on Sunday newspapers.