A dozen Streator businesses have received the state’s Downstate Small Business Stabilization grant, including five businesses that the council acknowledged last week have received all their payments.
Payments were completed to Broadway Pub, Carbo’s Sports Bar and the Eastwood for $25,000 and to Balanced Spirit & Wellness and The Bullpen for $15,000.
About $20 million in Community Development Block Grant funds were reallocated to address specific needs, specifically to provide working capital funds to community’s businesses economically affected by the pandemic.
More than $8.5 million in Downstate Small Business Stabilization grants have been deployed to 422 businesses spanning 103 communities.
In total, 12 Streator businesses have received $262,200 so far.
Other businesses awarded grant money include Don’s Furniture for $25,000, Streator Eagle 6 for $25,000, Frank’s Pet Shop for $25,000, Flowers Plus for $25,000, Omar’s Tap for $13,600, Steve’s Bakery for $25,000 and Chalkey’s Tavern for $18,600.
In order to close out payments to the five businesses, a public hearing was conducted during last week’s council meeting.