The city of Oklahoma City is reporting high demand for the small business relief program created on March 31 due to the COVID-19 pandemic.
More than 600 local business owners have requested help from the Small Business Continuity Program which would help employers retain their staff during a time of economic instability.
The city found requests for program funding far exceeded the $5.5 million available.
An internal team has been reviewing applications and making decisions of qualified businesses based on need. The disbursements are expected to begin in early May.