The City of Beloit is backing businesses who want to take advantage of the state’s Main Street Bounceback Grant.

Interim Economic Development Director Drew Pennington says they are providing letters of support that say the city agrees the business is eligible for the grant. The grant money can then be used for lease or mortgage payments, operating expenses, building repairs, or other qualified expenses.

Pennington says eligibility is retroactive to January 1st of 2021 and he recommends people visit the Wisconsin Economic Development Corporation’s website to get info about eligibility and the application process.

The deadline for the grant is December 31st of this year.