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COVID Relief Fund (CRF) COVID-19 Stanwood SOARING Small Business Grant Program
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Steps
1.
Step One
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2.
Application Information
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3.
CARES Act Small Business Stabilization Application
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4.
Application Questions
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5.
Required Certifications*
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Step One
Eligibility Determination
Grantees cannot have received previous City CARES Act funds or County CARES Act funds. In addition, there can be no doubling up from any other federal source. In order to be eligible for City of Stanwood CRF funds for COVID-19 relief, the following eligibility requirements must be met:
a. Geographic Location Requirement:
Must be a Stanwood, Washington Business located within the City of Stanwood º Have been a going-concern for at least six months prior to March 23, 2020 º Provide a registered UBI Number and Stanwood Business License in good standing
b. Discover Stanwood Camano PLACES
Have their business listed in the Discover Stanwood Camano PLACES business directory on www.discoverstanwoodcamano.com
c. Business Size
Businesses must have 15 or fewer employees (including the business owner of 51% ownership)
d. COVID-19 Related Reduction
Businesses must certify at least a 25% reduction in revenue attributable to the COVID-19 pandemic
Priority will be given to restaurants, retail and other service businesses and non-profits who have a commercial address (home based businesses not eligible).
Eligible expenses include rent, utilities, inventory and equipment, PPE supplies and preparing business for re-opening
COVID-19 is causing a catastrophic economic impact on Stanwood’s small business community. The Stanwood SOARING Small Business Grant Program is a positive step, but it may not provide enough funding for every injured business to receive a grant, nor will it fix all the damage caused to those businesses that receive a grant. Unfortunately, many businesses that qualify and are deserving may not receive a Stanwood SOARING grant. Other small business funding opportunities are available through the State of Washington or SBA.
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Application Information
Introduction
The Stanwood SOARING Grant Program -Round 2 is made possible from funding provided by a Snohomish County-Cities Partnership.
Funds Available
A total of $2.5 million will be divided amongst all eligible Snohomish County city programs. The allocation will be determined on a population basis. If a city’s unfunded need is less than their allocation, the remaining allocation will be distributed to the other city programs on the same population basis.
Application Availability and Deadline
Applications for CRF funds are available on the City of Stanwood SOARING Grant Program webpage. Applications are also available in alternative formats by contacting the City of Stanwood at krista.hintz@stanwoodwa.org. The application period will be open from November 30, 2020, through 5 p.m. PDT on December 7, 2020. Screening and award of grants to be completed by December 31, 2020.
The application must be received by December 7, 2020 no later than 5:00 pm
No applications will be accepted after this deadline. Mailed applications must be postmarked in time to be received by the deadline. Applications will not be accepted by e-mail or fax.
If mailing your application, mail to:
City of Stanwood City Administrator, 10220 270th St NW, Stanwood, WA 98292
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CARES Act Small Business Stabilization Application
Applicant Information
Submitted By: First Name
*
Last Name
*
Date
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Date
Title
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Business Name (including DBA)
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Business Location Address
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Number of years in business in Stanwood
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Business Mailing Address (if different than location address)
Applicant Home Address
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Contact Person (first and last name)
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Contact Telephone
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Contact Email
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UBI Number
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DUNS Number
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Business Organization Type
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Sole Proprietor
Corporation
Limited Liability Company
Partnership
Current City of Stanwood Business License
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Date business originally licensed in City of Stanwood
*
Documentation to help verify the economic hardship suffered as a result of COVID-19 including financial statements and other data as applicable. Suggestions include year-to-date (YTD) profit & loss statements compared to 2019, revenue statements comparing 2020 to previous years, and Balance sheets.
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Additional Documentation
Additional Documentation
Additional Documentation
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Application Questions
1. Provide a short description of your business.
*
2. Describe how your business has been negatively impacted by COVID-19.
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3. Provide a list of qualifying expenses that will be submitted for reimbursement if awarded a grant. These include payroll, lease/mortgage, utilities, debt payments, and inventory expenses. Note: if you are awarded a grant, you will be required to provide documentation.
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4. How many employees, including yourself, does the business currently employ?
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Required Certifications*
By checking the boxes below, the undersigned hereby certifies that the statement is true and correct to the best of their knowledge.
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I certify that my business is located within the City of Stanwood and the business maintains all proper licenses and permits for operation.
I certify that the business is current with all local, state, and federal taxes.
I certify that I have not applied for or received funds to cover the same costs this grant is intended to be used for. Duplication of grants is explicitly prohibited by DOC.
Business Name
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Authorized Representative
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Title
*
Date
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Date
I certify that the above information is true and correct to the best of my knowledge. I will provide the information required to verify this data (e.g. payroll records, tax filings, account statements, etc.). I understand that the City of Stanwood will rely on the accuracy of the submittals and certifications made in conjunction with this application. Any misrepresentation or inaccurate information may result in disqualification of the grant application, default of the grant, and/or request for repayment of money given. I hereby certify that the information contained on this form is accurate and complete to the best of my knowledge, under penalty of law and verifiable by federal government representatives.
First and Last Name
*
Date
*
Date
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