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New program grants loans to NC businesses still struggling through pandemic

Posted: Aug 13, 2020 / 11:40 PM EDT/ Updated: Aug 13, 2020 / 11:42 PM EDT

CHARLOTTE, N.C. (FOX 46 CHARLOTTE)- More ‘closed’ signs are popping up on businesses throughout North Carolina as phase two continues to keep many doors shut.

Governor Roy Cooper wants to stop this common occurrence, by granting businesses and nonprofits up to $250,000 through the Job Retention Grant Program.

“It’s important that we support them as they seek to do right by their employees and their customers,” Cooper said during a news conference.

NoDa Yoga is attempting to do just that. The yoga studio has been closed since March, but that didn’t stop instructors from going virtual.

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