Small Business Assistance Grant Program – Small Grant Application Process The application process ended on July 20, 2020 and is no longer accepting applications.
The Thousand Oaks Small Business Assistance Program will provide financial assistance to small businesses affected by the coronavirus (COVID-19) and continue operations. The purpose of the grant fund is for salaries and/or rent/loans. activities must comply with government regulations.
Small Business Assistance Grant Program
Please use “Save Document” at the bottom of the program to save your work. You will be asked to enter your email address and create a password to access the saved page later. The system will send an e-mail link to your saved document. Please save this e-mail for future reference
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Applications for CDBG-CV grants in 2020-21 are due July 1, 2020 through July 20, 2020 at 5:00 p.m.
The Initialapplicationreview process will ensure that the application is complete and all relevant documents submitted to the Application will be reviewed for compliance with the CDBG and other government requirements.
If the total funding request applicants receive exceeds the total amount available in the program they will be subject to further evaluation to prioritize the grant award using objective criteria based on the information provided in the application. The program is now closed and we are no longer accepting new applications. If you received a grant, visit /reportsbig to report the grant by November 30, 2020.
For more information on how to apply please see the Small Business Grant FAQ at the bottom of the page, or see the updated SBIG document below available for download.
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Yes All SBIG Tier 1 and Tier 2 donors are required to report expenditures on the SBIG report available at https://reportsbig by November 30, 2020.
SBIG Tier 1 and Tier 2 financial aid can be applied for between March 16 and November 30, 2020.
However, you can prepay the qualifying amount until December 30, 2020 as long as the amount is used by November 30.
Qualifying expenses are business-related expenses that are necessary for the grantee to continue operating the grantee’s business and to pay additional fees to comply with Utah state and county public health laws. Eligible expenses include the following:
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You do not need to provide proof of expenses on the SBIG form. However, you may be asked to provide proof of expenses later.
How long do I have to keep my financial aid application records?
All documents showing that you have used the subsidy for qualifying funds must be saved for at least 6 years from the end of the contract.
Donors will not report the amount of money raised for their ZOOM donations, as previously mentioned. Instead, you will fill out a separate, secure online form to report the outgoings on the link above.
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You can find the program to use in your Zoom Grants application on the job page. Log in to review your application at https://www.zoomgrants.com/login/ Your application will be in the white “Approved Applications” box.
If you used your money in a different way than described in the application, you must provide details on the SBIG reporting form about how you used the money and why it was different.
If the County determines that your expenses are not eligible, the grantee will refund or reimburse the County for the amount found. Official notices will be sent to donors requesting refunds. If the recipient does not refund the funds within 30 days of notification, the County reserves the right to take all legal action to recover the funds.
If I received a grant from Phase 1 and Phase 2, do I need to submit separate SBIG application forms?
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If you received funding from Tier 1 and Tier 2, you will use the same SBIG reporting form to report for both tiers.
Is the grant considered business income under the IRS?
Yes, government subsidies received by businesses are generally not deductible from business income under the IRS and are taxable. Please ask your tax professional or attorney to review
If an audit is initiated, it will be conducted by the US Treasury Department
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If an SBIG beneficiary applies for an Employee Maintenance Loan for wages paid or paid, the SBIG beneficiary cannot claim or use CARES funds to pay those wages. SBIG funds may be used for other qualifying purposes
As a sole proprietor, your salary is no different than that of an employee or an independent contractor. Contributors must use a common method of record keeping If the grantee normally writes a check to the vendor for payment, they must write the check or use another standard method of payment themselves. If an electronic payment method is used to transfer funds from one account to another, from a business account to your personal account, print – or save as a PDF – the transaction document.
After being approved for funding, your business will be required to sign an agreement and provide business information to receive your funding. These instructions will be emailed to you
If your grant is approved, you will sign your contract electronically on your Zoom app. Your confirmation email will contain instructions on how to access and sign the Agreement
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No, you cannot change the contract. You can only receive support when you sign the contract
You will receive a link to business information in an email from Zoom Grants Use this form to submit payment information to Salt Lake County
You will receive payment by direct deposit or mailed check based on your selections on the business information form
If I already do business or receive payments in Salt Lake County, do I need to report again?
Emergency Small Business Grants And Loan Assistance
Processing of your payment begins after your contract is signed, and we receive and verify the information provided on the business information sheet. You can expect to receive your payment within 14-16 business days from the day you complete these two items.
Many local businesses are using small business grants to support their operations through COVID-19. Learn more about small businesses in Salt Lake County and what they do
A PUA recipient is eligible to apply for a grant for their business. This grant is for business owners and self-employed individuals.
Salt Lake County complies with the Americans with Disabilities Act of 1990 (ADA), sections 503 and 504 of the Affordable Care Act of 1973, as amended, by providing equal opportunities for employment and services. , programs and activities for people with disabilities. County The general public can request assistance from any county employee by contacting the ADA/504 Liaison, Erica Fihaki.
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. Salt Lake County will provide free aid and assistance to qualified individuals, including qualified sign language interpreters, alternatives, and more.
Amounts awarded are determined by business need based on recorded losses and the applicable COVID-19 minimum amount awarded is $500 and the maximum amount is $35,000.
Yes, the grant award must be used by November 1, 2020. At that time, the remaining amount must be returned to Salt Lake County.
No, if you use the grant for qualifying income and provide documentation of your income, you do not need to pay it.
Rep. Leanne Krueger
Yes, state and local grants are taxable for public benefit. Approved grant applicants who are sole proprietors, LLCs and partnerships will receive 1099s.
You’ll have to pay the allowance if you can’t prove that your business has used the allowance to qualify
There is no set number of grants that will be awarded. Grants will be awarded until funds are exhausted.
Salt Lake County will contact you via email at [email protected] with your eligibility and award or submission of the main application form. Salt Lake County will not require you to respond by email.Once you have consented, Salt Lake County may call to obtain your business information.
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If your business has been affected by COVID-19 and/or you received less than $35,000 in CARES Act funds:
Of course, you can fill out the app on a phone or tablet, but it may be easier to use a computer
Damages and costs incurred due to COVID, and grants not exceeding $35,000. Review applications may request additional financial documents if necessary.
Provide the following records of business income for the same period last year (March 16-July 31, 2019):
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The records show that the planned product has been discontinued this year
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