Prepare and GatherKnow your business goals and needs. font-size:12pt; } Comcast RISE. She thought about pursuing a career as a pediatric nurse, but that didnt appeal to her entrepreneurial spirit. County Judge Lina Hidalgo this week announced plans for a $30 million relief fund aimed at supporting micro and small businesses. We're here to support determined entrepreneurs like you with loans, tools and resources to grow your business. If my revenue was less than $500,000 in either 2019 or 2020 but greater than $500,000 in the other year, am I eligible? If this describes you, the SBA 7A Community Advantage loan program may be the right fit. Businesses use these loans to finance fixed asset acquisitions such as: Some furniture and fixturesBusinesses in operation for 2 or more years can also use 504 loans to refinance existing debt that meets the following criteria: The graph to the right shows how LiftFund partners with a participating lender (typically a bank) to finance part of the project. We provide loan solutions that include SBA micro-loans, SBA 504 Loans and the SBA Community Advantage. Additional funds were approved April 27, 2021 to provide financial assistance to the small business community. Business Development Officer, VP - Dallas (Large Loans) Category. If you need help with the Public File, call (713) 778-4745. Harris County Small Business Relief Program Powered By: Welcome to the Harris County Small Business Relief program application portal. Applications will be assessed and scored using the following methodology. Bexar County Small Business and Nonprofit Grants. These local agencies will with the application process to help overcome technological or language barriers. I have not yet filed my 2020 tax return. Through the program, small businesses and nonprofits can apply for $10,000 -$50,000 in direct relief grants. Join our movement in leveling the financial playing field and breaking the cycle of poverty through entrepreneurship. Applicants who are not selected for funding will receive a notification email by January 31st, 2022. . Advantages of the SBA 7(a) Community Advantage Loans Program. We provide small business loans to underserved business owners, especially minority and women entrepreneurs, throughout the Southeast USA. Upon completion of the award agreement, funds will be deposited into your account within 7 business days. Create secure account. .o]qWbW{~]yfg7%VYG.n0G:RMKl%W(~ $WuR#PVj$w%iB"q"-.~6(Oh5 }xZ(%N"Lzjn 1AG`". Eligible applications with the highest scores will be reviewed and awarded first, followed by applications with lower scores. As a sole proprietor, I am not required by the county or state to file a DBA. We know that applying for a loan can be daunting, but were more than just a lender were here to guide you through the process so you can apply with confidence, as well as guide you to understand how to best use your funding. SAN ANTONIO (December 6, 2022)-Bexar County announced last week that the Bexar County Assistance Program will offer $20 million in COVID relief grants to small businesses and nonprofits in January of next year. Business Bank statements from first quarter of 2020 plus business bank statements from any other quarter in 2020, A January- August profit and loss statement for 2020 and one for January August 2021. You can view the list of prohibited NAICS codes here. Pricey, but great for a date. No, businesses must submit both the 2019 and 2020 business tax returns to be considered,unless the business was registered and began operating in January March 2020, in which case the 2019 return is not required. Applications will be accepted from Monday. City of San Antonio & LiftFund to Offer Additional Grant Assistance to Small Business Owners. Since the beginning of the pandemic in spring 2020, Harris County has provided micro and small businesses with $40 million in aid. Created with funding from the American Rescue Plan Act (ARPA), the Small Business Relief Fund is being administered by LiftFund, a nonprofit community development financial institution (CDFI); and we are proud to announce that Impact Hub Houston is partnering with LiftFund to help more entrepreneurs, founders, and micro and small businesses learn about and get access to this critical funding so they can survive and thrive in these incredibly trying times. No, revenue must be less than $500,000 in both 2019 and 2020. However, businesses and/or projects considered special purpose require an additional 10% from the owner. For over twenty five years, weve provided millions of dollars in loans to help deserving entrepreneurs grow their businesses and achieve their dreams. Grant applicants are only eligible to receive one grant award, Only one grant may be awarded per business with more than one location, Limited to one grant per physical address within Harris County, Drivers license or government-issued photo ID, Proof of business registration with Harris County or TX Secretary of State, Q1 2021 941, payroll report or 1099 to verify number of employees. Find San Marcos, TX residential property records including property owners, sales & transfer history, deeds & titles, property taxes, valuations . Both programs are set to start receiving applications in early January. Grant Eligibility Criteria. If I have more than one business, how is the annual revenue amount calculated? The Small Business Relief Fund was created with funding from the American Rescue Plan Act and is being administered by LiftFund, a nonprofit organization that supports small business owners with funding and business education. Registration Available Mon, May 17 2021 to Wed, Jun 30 2021. Since 2011, the LIFT Fund has served as a resource hub for people and organizations interested in learning more about innovative strategies and tactics that move the workers' rights movement forward. Can those be counted? The SBA created the 504 loan program to help entrepreneurs finance commercial real estate and equipment for their businesses. This program puts funding directly into the hands of small businesses and nonprofits to help them strengthen the families and neighborhoods of our county, says County Judge Wolff. Grants will range from $5,000 to $25,000. According to LiftFund, a website with full details on eligibility requirements, necessary documents, and the program timeline will be available in late December. /* FORM STYLES */ To learn more about industry prioritization, click here. The application process for the $30 million Harris County Small Business Relief Fund is now open. Don't forget to end the meal with bananas foster or godiva chocolate cake." If you file a Schedule C, use Line 1. Yes, the Harris County Small Business Relief program is designed to support micro and small businesses impacted by COVID-19. By Chris Mathews. Qualified businesses can obtain term loans (credit lines are not available) from $50,000 to $250,000 with interest rates of Prime + 4 to 6%. Take the next step to learn about our membership. To learn more, scroll down and/or attend one of LiftFunds upcoming Virtual Info Sessions: Tax-exempt businesses, gambling businesses, residential builders, speculative real estate investors, government entities and sexually-oriented businesses are not eligible. liftfund requirements. The SBA created the 504 loan program to help entrepreneurs finance commercial real estate and equipment for their businesses. The Texas nonprofit LiftFund will administer the distribution of funds to applying organizations based on a transparent . colonel frank o'sullivan interview; beverly hills high school football 1 0 obj Click the Apply Now button to the right to apply for a small business loan. Harris County will distribute another $30 million in federal COVID-19 relief aid to help small businesses weather the pandemic. Bexar County approved funding for the program earlier this year after collaborating with LiftFund and the San Antonio Hispanic Chamber of Commerce (SAHCC). Upon graduating, Sophies aunt encouraged her to pursue an ASL career and follow her passion of bridging the gap between the deaf and hearing communities. Does LiftFund have experience serving the small business community? Get resources to help you manage COVID-19 in your workplace. The grant program will disburse awards of between $5,000 . HomeMediaLiftFund Inc. Small Business Support, Nonprofit Organization based in the Alamo Region. SSBCI was established in 2010 and then recently . 2020 at 5:00 PM CST. Assisted in routine inspections, surveys, and complaint investigations. LiftFund can help small business owners acquire real estate and equipment they need to grow their businesses. Headquarters | 2014 S. Hackberry St, San Antonio, Texas 78210, USA, 2021 LiftFund All Rights Reserved | Privacy Policy | Terms of Service, About LiftFundImpactCommunityOur TeamClient Stories, ResourcesBusiness SupportLiftLearnEventsBlog, LoansAm I Ready?Funding OptionsRefer A Client, ChampionsPartnersSupportersClient Marketplace. It loans money to . adam carlyle taylor accident. In 2020, LiftFund provided over $98.2 million in prompt financial support to small business owners facing the economic impact of COVID-19, including relief loans, small business grants and PPP loans across its 15-state footprint. Source: LiftFund. , provides support to impacted small businesses and communities through small business loans and grants. The Harris County Small Business Relief Fund will provide grants ranging from $5,000 to $25,000 to eligible micro and small . Small businesses throughout Harris County that have been affected by the COVID-19 pandemic will soon be able to apply for grants ranging from $5,000-$25,000. Headquarters | 2014 S. Hackberry St, San Antonio, Texas 78210, USA, 2021 LiftFund All Rights Reserved | Privacy Policy | Terms of Service, About LiftFundImpactCommunityOur TeamClient Stories, ResourcesBusiness SupportLiftLearnEventsBlog, LoansAm I Ready?Funding OptionsRefer A Client, ChampionsPartnersSupportersClient Marketplace. This is an effort to reach businesses that may have been underserved by previous relief programs. Funds must be used for business-related expenses, including payroll, working capital, business rent, inventory, supplies, equipment, and other operating costs. Will the application process accommodate business owners facing technological or language barriers? Ebony Harris has a special way with children its a gift. Create a meaningful impact and drive change in Houston. You are welcome to get assistance in completing the application from a third party, however, the business owner should submit their own application and the contact info listed should be for the owner. LiftFund provides small business loans for women & minority entrepreneurs andstartups in Houston, Texas. The Small Business Relief Fund was created with funding from the American Rescue Plan Act (ARPA) and is being administered by LiftFund, a nonprofit organization that supports small business owners . More information about the partner organizations can be found, You will receive a confirmation email from. The grant application will require verification of pertinent documentation.