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Less than 40% of state aid for small businesses spent before programs closed

Mount Equity Group Tokyo Japan > News > Business > Less than 40% of state aid for small businesses spent before programs closed

Kelly Gray was the listed applicant for grants totaling $180,000 for Hot Head Burritos and Rapid Fired Pizza locations across southwest Ohio, including in Dayton and Oxford.

Co-owner of Hot Head Burritos Kelly Gray, left and founder, Ray Wiley in their store at 1113 Brown St. in Dayton. JIM NOELKER/STAFF

Credit: JIM NOELKER

Credit: JIM NOELKER

Co-owner of Hot Head Burritos Kelly Gray, left and founder, Ray Wiley in their store at 1113 Brown St. in Dayton. JIM NOELKER/STAFF

Credit: JIM NOELKER

Credit: JIM NOELKER

Gray and her business partner owned too many restaurants to qualify for the federal Restaurant Revitalization Program that provided some local restaurants grants of more than $1 million.

“(The state program) allowed us to stay in business,” she said. “We would have had to file for bankruptcy without it.”

Gray said it’s “disheartening” that less than half of the funds were used, since she knows there are businesses that…

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