Sioux Center Municipal Utilities is encouraging local small business owners to access utility payment assistance through a state program.
The Iowa Economic Development Authority (IEDA) is offering short-term relief to eligible small businesses and nonprofits that face hardship in the payment of utility bills for service provided during the months of disruption due to COVID-19.
“Sioux Center Municipal Utilities encourages small businesses to apply for this program,” said Sioux Center Finance Director Darryl Ten Pas. “It’s a great opportunity for businesses to gain some financial footing during these uncertain times.”
The state has $14.5 million available in this Small Business Utility Disruption Prevention Program for eligible utility customers. A business’ total request for assistance must be between $400 and $7,500. Applications will be accepted through Oct. 31, 2020, or until funding is exhausted. The funds must be applied to the business’ utility bills and will be provided via a credit to the utility provider for electric or natural gas service.
This program is offered to for-profit and nonprofit businesses with 50 or fewer employees which have not received any IEDA Small Business Relief Grant funding or from the State of Iowa Nonprofit Recovery Fund. Businesses’ average monthly energy usage must not exceed 25,000 kWh for electricity or 2,500 therms for natural gas (approximately 241,000 cubic feet – the unit used for Sioux Center Municipal Utilities customers). For additional eligibility information, visit iowabusinessrecovery.com.
Eligible businesses can apply at iowabusinessrecovery.com. For additional information visit iowabusinessrecovery.com, email email@example.com or call 1.855.300.2342