PORT ORCHARD ELIGIBILITY CRITERIA

PORT ORCHARD ELIGIBLE BUSINESSES

You must meet the following criteria

  • Be active and licensed in the City of Orchard

  • Been in business for at least one year prior to the date of the application

  • Have a physical location in the City of Port Orchard on or before March 1, 2020

  • Have no more than 15 full-time equivalent employees.  Full-time is defined working 40 hours per week.

  • Engage in a type of business eligible to receive funding by the US Small Business Administration: (https://www.sba.gov/partners/lenders/7a-loan-program/terms-conditions-eligibility#section-header-15 )

  • Ability to demonstrate loss of revenue due to COVID-19 (Priority given to businesses that were required to close due to the Governor’s order)

    • Declaration must show at least $5,000 impact

      • Compare Q2 gross revenue per quarter in 2019 and 2020

  • Your business has reopened prior to the date of the application

If you answer yes to all of the above your business may qualify​


INELIGIBLE ACTIVITIES

The intent of this grant is to reimburse business related rent or lease expenses, from April 1, 2020 to September 2020.

Businesses MAY NOT use the funding for the following activities:

  • Any expense that would not be considered an eligible business expense by IRS rules.

  • Wages, bonuses or draws by you as the owner.  (These expenses were eligible under the PPP loans)

  • Operating expenses other than rent

  • Businesses that received previous funding under the Working Washington Small Business Emergency Grant program or other local grants

  • Not eligible for months that landlord provided rent relief

  • Mortgage payments on owner occupied buildings

  • Landlord must not have any ownership in business

  • No homebased businesses

 

360-377-9499

2021 NW Myhre Rd Suite 100

Silverdale, WA 98383

www.kitsapeda.org

©2020 by Kitsap Economic Development Alliance. Proudly created with Wix.com