Tuscaloosa, AL – On Thursday, March 26th, Bryant Bank announced that it will provide a lead donation in the amount of $50,000 to the Small Business Relief Fund in support of West Alabama’s small business community.
The Small Business Relief Fund is a Community Foundation of West Alabama fund administered by the Chamber of Commerce of West Alabama. The goal of the fund is to quickly administer much-needed funding to West Alabama’s hardest-hit businesses as a result of the Coronavirus (COVID-19).
“The hit that our small businesses have taken as a result of the COVID-19 pandemic is impacting everyone we know in some way. It’s personal to us at Bryant Bank because Alabama is our home, too,” said Claude Edwards, bank president. “We want Alabamians to experience a financially stable future and live in a thriving community and when difficult times arise, we must put care into action. Donating to the Small Business Relief Fund is just one step we are taking to help our customers and our community members through these unprecedented times and I would encourage others to consider a donation as well.”
Small businesses in West Alabama can apply for funding through the Chamber of Commerce of West Alabama’s website. Certain criteria must be met such as financial hardship as a result of COVID-19, employee count, current standing with state and local government jurisdictions, and the business must be located in Bibb, Fayette, Greene, Hale, Lamar, Marengo, Pickens, Sumter, or Tuscaloosa Counties.
“Bryant Bank has always been a great corporate citizen and today’s announcement is just another example of that. It was critical for our community to take swift action and to use this fund to quickly, yet responsibly, infuse capital into vulnerable small businesses in our community as they begin weathering this financial storm,” said Bobby Bragg, chairman of the Chamber Board of Directors and chairman of the Small Business Relief Fund Committee. “Whether you are a business, a foundation, or an individual, we ask others to consider supporting in some capacity as Bryant Bank did today.”
For more information about the Small Business Relief Fund and to complete an application for funding, visit TuscaloosaChamber.com or call 205-758-7588.