The statement, addressed to Seth Andrew, then DBF s CEO, in Marlboro, lists a SBA Cares Act PPP Grant (Unrealized) in the amount of $943,365 as a current asset as of December 31, 2020.
As a liability, the statement also lists a slightly larger amount – apparently the PPP loan total plus a small amount of interest. The former figure represents what DBF will receive if its application to SBA for forgiveness of the loan receives the agency s approval: The loan would then become a grant.
Documentation obtained by VBM appears to indicate that DBF applied for the forgiveness in April. The status of that application is uncertain. Accessed on May 20, federalpay.org reports that the loan, issued through JP Morgan Chase Bank, has been disbursed by the lender and has not yet been fully repaid or forgiven. The SBA database provides no information on the question.
For the third year running, Gravenhurst Against Poverty (GAP) has planted seeds for its community gardens.
There will be eight gardens set up in Gravenhurst, with Elaine Matthews watching over the ones planted at Gravenhurst High School and Gravenhurst Public School. “We grow all kinds of crops that we give away to people who are facing food insecurity,” she says. The COVID-19 pandemic has made it difficult for people, especially seniors, to access fresh produce.
It’s free to pick up the vegetables every Monday and Thursday from the basement of the Trinity United Church in Gravenhurst.
According to GAP’s website, the idea of creating gardens came from its 2018 Needs Assessment Survey when people asked for a better way to get fresh, local veggies.