Small Business Recovery Programs

The City of Mason recognizes that every one of our small businesses is a valuable part of the quality of life and sense of community we’ve built. Though COVID-19 has had an immeasurable impact on our residents and businesses, we have come together to support small businesses within the City.

 

In May 2020, Mason City Council approved a series of programs to provide immediate direct relief. These programs were launched quickly, designed to help our small businesses recover, grow, and develop a long-term partnership with the City, while also encouraging new purchase activity within the community. We are proud to announce that through these Small Business Recovery Programs, we have been able to inject approximately $1 million into our local economy to date, with more to come.

Here’s an update on each program as of July 15:

  • The Come Together Mason E-Gift Card is now accepted at 74 Mason businesses. Since its launch, more than 2,070 gift cards have been redeemed to purchase $74,526 in goods and services.
  • On June 23, the City of Mason sent out 7,000 $50 gift cards to Mason sewer customers. Of the 2,070 gift cards redeemed at local businesses, 1,771 came through this program, totaling $56,000.
  • During the application period, our Small Business Recovery team received 50 applications for the Small Business Service Agreement Program. After a review of applicants, 40 businesses were awarded $40,000 within 5 weeks of applying.
  • The Small Business Forgivable Loan Program had 91 applicants. We were able to award $425,000 to 67 Mason small businesses through the forgivable loan program within 5 weeks of receiving their application.
  • The City purchased $3,500 in vouchers from 42 businesses totaling $150,500 through the City of Mason and MADE CDC Small Business Recovery Initiative. Vouchers will be distributed throughout the community, providing additional purchase incentive at these businesses.

    Thank you to all of our small businesses and to the Mason community for coming together to support this critical part of our local economy.

Thank you to all of our small businesses and to the Mason community for coming together to support this critical part of our local economy.