Oxford City Council passed a resolution giving $5,000 emergency small business loans to four local businesses at its May 19 meeting.
Businesses receiving the funds include the Animal Care Clinic, Books & Brews, RedOx Drive-Thru and Village West Framing and Gallery.
Assistant City Manager Jessica Greene presented the resolution. She explained this is the first round of businesses that applied for the loan, but the Community Improvement Corporation (CIC) board will accept loan applications through July 15.
“We did have five applications, but one application was very incomplete,” Greene said. “These other four were complete and recommended for approval. That other applicant I’m reaching out to to get more information.”