BE READY TO APPLY
Have this information and required documentation (pdf files for uploading) on hand when the portal opens.
APPLICATION PORTAL OPENS at 8 AM ON THURSDAY, SEPT. 17 - CLOSES AT 3 PM ON FRIDAY, SEPT 25TH AT 3PM.
WA STATE UBI
W9 IRS FORM - Completed and Uploaded - https://www.irs.gov/pub/irs-pdf/fw9.pdf
CITY OF PORT ORCHARD BUSINESS LICENCE - Scanned & uploaded
BUSINESS STRUCTURE
Sole Proprietorship
General Partnership
Limited Liability Company (LLC)
Cooperative
Close corporation
Corporation
- C Corp
- S Corp
- B Corp
Limited Partnership (LP)
Limited Liability Partnership
General Partnership
Limited Partnership (LP)
Limited Liability Partnership (LLP)
WA DEPT OF REVENUE 4-DIGIT LOCATION CODE - https://webgis.dor.wa.gov/taxratelookup/SalesTax.aspx
DATE BUSINESS OPENED
Eligible businesses will have been in business since September 17, 2019 with a physical in the City of Port Orchard before March 1 2020.
GROSS REVENUE
Eligible businesses will have gross revenues NOT to exceed $1.5 million per year.
DETERMINING ELIGIBLE COVID-19 IMPACTS:
The following report/comparison of gross revenue will be used to determine your COVID related impacts:
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2019 Q2 GROSS REVENUE $______________
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2020 Q2 GROSS REVENUE $_______________
NUMBER OR EMPLOYEES (FTE)
Eligible businesses will have no more than 15 employees (FTE) not including owner as of January 15, 2020 or date of application.
Calculations: Full Time Equivalent = FTE. Final numbers to be rounded up.
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Full-Time Employees (Not Volunteers) = Employees working 30-40 hours per week = 1 FTE
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Part-Time Employees (Not Volunteers) = Employees working less than 30 hours per week, add their hours together and divide by 40. Example: 3 Employees working the following 11+29+20 hours = 60 Hours/40 hours = 1.5 FTE.
RENT OR LEASE DOCUMENTATION -
You MUST provide documentation noting your commercial lease/rent agreement. Applicable rent dates are April 1, 2020 to September 1, 2020.
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commercial lease/rent agreement
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monthly invoices equal to your COVID Impact up to $5000 (a memo from landlord stating dates and amounts can be accepted in lieu of invoice.)
APPLICATIONS WITHOUT UPLOADED DOCUMENTATION WILL BE CONSIDERED INCOMPLETE AND INELIGIBLE. Be prepared with pdf files of the following:
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Completed & signed IRS W9 form
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Copy of City of Port Orchard Business License
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Commercial lease/rent agreement
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Monthly invoices or memo from landlord stating dates & amounts