Springfield Business Journal_2021-06-07

Centers, Women’s Business Centers and Veterans Business Outreach Centers, as well as state, county, municipal or rural governments. Organizations must have been in op- eration for at least two years. Basnet said several area organizations have reached out to gather more infor- mation about the program since it was launched on May 25, but he could not confirm if any had applied. Lyle Foster, the grants administrator for the Greene County CARES Act Re- lief Fund, said the county is inter- ested in the pro- gram, and he has been contacting other organiza- tions in the region, including the city of Springfield. “I think we’re trying to stay open to see if there is interest and what the roles would be,” Foster said, noting no decision has been made regarding application to the program. Through his work with the Coronavi- rus Aid, Relief and Economic Security Act passed last year, Foster said he has seen the need for further aid in the region. “I felt like there were a lot of smaller businesses that would really need the kind of opportunity that Community Navigator program could bring for our community,” Foster said. “It would address a really important need in our community.” Foster said he knew of some small busi- nesses unable to apply for CARES Act relief funds because they didn’t meet cer- tain qualifications. “I see this as a critical opportunity to develop infrastructure so they can apply for other opportunities that come,” Foster said. “I also think it can help businesses be- come more successful because COVID and a number of other things are providing a lot of headwinds for small businesses.” Competitive grants will be awarded for a two-year performance period, deter- mined via three tiers of applicants. The first tier would award grants up to $5 mil- lion for hub organizations working in at least five markets in other states, with a total service population over 500,000. Organizations in the second tier must focus on serving a specific region, state or municipality with a service population of at least 500,000; they’re eligible for up to $2.5 million. Groups in the third tier are eligible for up to $1 million and must focus on a region, municipality, city, tribal commu- nity or rural community with a service population under 500,000. Basnet said most organizations in southwest Mis- souri would fall under the third tier. Applications will include an outline of partnership spoke programs and a hub- to-spoke funding distribution budget. Applications are open until July 12. SBA Loan requests are processed in-house and turnaround time is drastically reduced, saving you weeks of waiting. Time is money, and Preferred Lenders have the tools most banks don’t have, allowing them to act quickly and efficiently. You get to work directly with a bank that has a proven track record since they maintain a relationship with the government. we are one of Springfield’s Largest SBA Preferred Lenders (417) 886-1330 or visit: www.springfieldbusinessbank.com preferred sba lending SBA: Applications for small-business funding remain open until July 12 Continued from page 3 Lyle Foster: Greene County is interested in the grant program. Heights, first addition. Multipli Credit Union to Kayla Mazzia and Zachary Crowson; 152,625; L49, Maple Park West. Multipli Credit Union to Allison and Aaron Gregory; 124,000; L52, Scenic Heights, first addition. Nationstar Mortgage LLC to Fredrick Kowiti; 131,479; L4, Wild Briar. Nationstar Mortgage LLC to Jack and Becky Frakes; 112,000; L243- 244, Massey’s addition. Nationstar Mortgage LLC to Jennifer Gale Simmons Trust; 211,470; L12, Prarie View Estates, Phase III. New American Funding to Baurjan and Colleen Amangerov; 124,150; L62, Rosewood Acres. New American Funding to Choompoonoot and Tyler Knight; 275,500; L68, Cedar Creek, first addition. New American Funding to Margaret Schibler; 108,000; L58, Jef- ferson Place. New Day Financial LLC to Loretta and Donald Maples; 438,876; sec. 19, twp. 29, range 21, NW. North American Savings Bank to Deborah and Donald McFate; 172,000; sec. 3, twp. 28, range 20, NE. OakStar Bank to Elisha and Mayur Jayarao; 735,000; sec. 28, twp. 29, range 20, SW. OakStar Bank to Dunlap Trust; 379,470; sec. 36, twp. 31, range 23, SW. OakStar Bank to Jennifer Murray; 363,375; L45, Hickory Valley, Phase III. OakStar Bank to Mark Barrett; 360,000; L50, Stone Meadow, Phase V. OakStar Bank to Wyatt Davis; 136,000; L14, Lakeside. OakStar Bank to Landyn and Samuel Block; 190,500; L1, Canterbury Continued on page 22 SPRINGFIELD BUSINESS JOURNAL · 17 JUNE 7-13, 2021 ON THE RECORD NEWS