KEDA CARES

Working Washington Small Business Business Assistance Grants

Washington State has made new Federal CARES Act funding available to support small businesses and prevent closure of a business or facility.

This grant is being administered by the Kitsap Economic Development Alliance  and every effort has been made to streamline the application process for small business applicants. See news release.

Easy online application

Successful applicants may receive up to $5,000 based upon eligible COVID-19 impacts.

Funds must be allocated by Nov 15th

 

HOW THIS GRANT IS DIFFERENT:

 

Businesses with up to 20 employees (FTE) are eligible

 Sole Proprietors & Home-based businesses allowed
Applicants are NOT required to submit receipts - Businesses WILL be required to provide a detailed
explanation of to describe how funds will be used to help the business

 

KEDA will offer a webinar on Wednesday, September 2nd at 1pm to review the grant application process and timeline. This is a great opportunity to ask questions and make sure you have all necessary details and documents required for a successful application.

 

Download flyer (English)       Download flyer (Español)

 

ABOUT

KEDA CARES Small Business Relief Grant

The State of Washington has made $245,000 of Federal CARES funds available via the Kitsap Economic Development Alliance to assist small businesses negatively impacted by COVID-19.  Successful business applicants may receive up to $5,000 based upon eligible COVID-19 impacts as determined by a comparison of  Q2 2019 Gross Revenue and Q2 2020 Gross Revenues.

Receipt of EIDL/EIDG and PPP do NOT disqualify businesses but priority will be given to businesses that have NOT received funds from other sources.  NOTE: Businesses that received $5,000 or less from Working Washington Small Business Emergency Grant program are eligible. 

 

Businesses will be required to list the type of funding received  as either Federal or State, the entity who provided you funding, how much funding was provided, and what was paid when utilizing this funding.

 

As granting entity we reserve the right to request documentation of  the invoices, bills, etc. you were reimbursed for and an accounting of other funds received. It is our responsibility to ensure to our Federal partners the payments made with these grant funds have not been paid with other grant dollars from other funding entities. Whereas if it comes forward funding has been received for the same invoices, bills, etc. from two or more different funding entities, the funding would need to be returned and future funding for your business could be at risk.

Additionally, businesses are required to maintain records and receipts of applicable expenses claimed under this grant for a period of six years.

 

Determining Eligible Expenses 

 

Businesses will be asked to describe how funds will be used to help the business. This information is necessary to  ensure that proposed expenses are eligible for reimbursement. Expenditures are only being accepted on costs incurred March 1, 2020 thru November 15, 2020.

You will self-attest by signature that the answer to ALL of the following  questions is "YES"
 

  • Is the expense connected to the COVID-19 emergency?

  • Is the expense "necessary" to continue business operations?

  • You confirm that the expense is NOT filling a shortfall in government owed payments (i.e. taxes, licenses, state/county/federal and/or city fees)

  • The expense has NOT been funded by any other funder, whether private, state or federal*

  • You would not be seeking this grant IF you had NOT been impacted by COVID-19

  

* Federal funds such as EIDL, PPP and CARES cannot be used for same use twice -- i.e. if you used funds for April rent, this grant cannot be used for April rent. This constitutes double-dipping. 

Required documentation

  • Application (via online portal)

  • Completed IRS W9 Form

Application period:  Portal opens Monday, September 21st at 8:00 am and closes at noon on Wednesday, September 30th

 

All applications will be reviewed for eligibility as described below. 

 

ELIGIBLE BUSINESSES

You must meet the following criteria

  • Be active and licensed in Kitsap County

  • Have a physical location in Kitsap County on/or before March 1, 2019

  • Have no more than 20 full-time equivalent employees.  Full-time is defined working 40 hours per week.

  • Be a for-profit business

  • Be in compliance with Governor Inslee's Safe Start guidelines

  • 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 a negative impact. Impact will determine amount to be funded.

      • Compare Q2 gross revenue per quarter in 2019 and 2020


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

INELIGIBLE ACTIVITIES

Businesses MAY NOT use the funding for the following activities:

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

  • Businesses that received previous funding under the Working Washington Small Business Emergency Grant program or other local grants MAY NOT claim the same expense twice. (EXAMPLE: If rent was applied to PPP forgiveness applicant can not apply for the same time period.)

  • Rent reimbursement: If including rent as an expense you may not claim rent for months that landlord provided rent relief

 

BE READY TO APPLY

Have this information and required documentation (pdf files for uploading) on hand when the portal opens.

Application period:  Portal opens Monday, September 21st at 8:00 am and closes at noon on Wednesday, September 30th

WA STATE UBI

 

W9 IRS FORM - Completed and Uploaded -  https://www.irs.gov/pub/irs-pdf/fw9.pdf

 

BUSINESS STRUCTURE

Sole Proprietorship

Home Based Business

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

(NONPROFITS will be reviewed based upon physical address of its main office rather than DOR tax rate.)

DATE BUSINESS OPENED​

Eligible businesses will have been in business 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:

  •  2019 Q2 GROSS REVENUE $______________

  •  2020 Q2 GROSS REVENUE $_______________

NUMBER OR EMPLOYEES (FTE)

Eligible businesses will have no more than 20  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.

  • Full-Time Employees (Not Volunteers) = Employees working 30-40 hours per week = 1 FTE

  • 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.

 

APPLICATIONS WITHOUT UPLOADED DOCUMENTATION WILL BE CONSIDERED INCOMPLETE AND INELIGIBLE. Be prepared with pdf files of the following:

  1. Completed IRS W9 form

 
 

CONTACT KITSAP ECONOMIC DEVELOPMENT ALLIANCE

 

APPLICATION PORTAL

APPLICATION PORTAL OPENS SEPT. 21  AT 8AM - SEPT 30th AT NOON 

All applications will be reviewed  by committee for application and eligibility criteria.

360-377-9499

2021 NW Myhre Rd Suite 100

Silverdale, WA 98383

www.kitsapeda.org

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