On Tuesday, Sept. 29, several businesses in the Duncan area will receive a visit from state officials. This tour will be known as the #OKCARESTour.
Businesses receiving state funding from Oklahoma Business Relief Program (OBRP) funds with the Oklahoma Department of Commerce (ODOC), Oklahoma Manufacturing Alliance (OMA) and Oklahoma Center for the Advancement of Science and Technology (OCAST) will see the state officials on Tuesday.
According to a press release, these visits are taking place all across the state for businesses to highlight their company and share how they are utilizing CARES Act funds to recover from the pandemic.
During the tours, Duncan Machine Products, Southern Machine Works, Rightway Manufacturing, Blackfoot Services and Mowdy Machine will conduct tours.
According to a release, OBRP was developed to help local businesses across the state overcome the economic challenges of COVID-19. Now, OBRP offers vital funding for qualifying businesses that have suffered revenue loss due to the pandemic.
Over 5,000 businesses in Oklahoma submitted an application and Gov. Kevin Stitt designated and awarded $100 million in Federal CARES Act funds.
Oklahoma businesses applied for OBRP through participating financial institutions. The program operated specifically for businesses that suffered a decrease in revenue of 25% from 2019 to 2020 due to the impact of COVID-19 were eligible to apply, according to a release.
Even though the OBRP funds are no longer available, information about the program is available at https://www.okcommerce.gov/doing-business/business-services/oklahoma-business-relief-program/ and https://www.okcommerce.gov/commerce-releases-statistics-from-second-application-period-of-oklahoma-business-relief-program/.