The new $30 million relief fund is subsidized by the American Rescue . I used to have more employees in 2019 and/or 2020. If this describes you, the SBA 7A Community Advantage loan program may be the right fit. Below you will find more details about this program, including eligibility, funding methodology and timeframe. . How will you verify my physical business address? Learn more about becoming a LiftFund partner. The Harris County Small Business Relief Fund will provide grants ranging from $5,000 to $25,000 to eligible micro and small businesses. 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 . Get resources to help you manage COVID-19 in your workplace. Business Development Officer, VP - Dallas (Large Loans) Category. Available for start-up and existing businesses; SBA guarantee allows us to provide financing; Cash flow must be sufficient for payments; Owner Injection: 20% startups, 20% business acquisitions; Projections reviewed for businesses affected by COVID19; More than 50% of workforce is low-income, or resides in LMI census tracts, 51% or more owned by veterans, active duty military participating in the militarys Transition Assistance Program (TAP), reservist or National Guard member or a spouse of any of these groups, 51% or more owned by a widowed spouse of a service member who died while in service, or a widowed spouse of a veteran who died of a service-connected disability, Current on all payments for the last 12 months, It was used originally (85% or more) to finance eligible 504 uses (see above). View all San Marcos Property Records by Street. Terms: 7-10 year term; 25 year term for real estate; Prime + (2.75% to 6%); Variable rate (based on Wall Street). Search For Grant-Funded Services; Support Grant-Funded Services; Manage Current 2022-23 Funding. As an entrepreneur with limited business education, Valorie lacked the traditional business acumen of many of her competitors. KKR Small Business Builders. For more information about LiftFund, visit, LiftFund has deep roots in Harris County and is a champion for our small business community. Yes, for financial assistance, please visit, . If my business is located outside of Harris County but I serve customers within the county, can I apply? TikTok & Hispanic Heritage Foundation. Register here. Tax-exempt businesses, hobby businesses, gambling businesses, residential builders, speculative real estate investors, government entities and sexually-oriented businesses are not eligible. She thought about pursuing a career as a pediatric nurse, but that didnt appeal to her entrepreneurial spirit. Since the beginning of the pandemic in spring 2020, Harris County has provided micro and small businesses with $40 million in aid. Our special programs, in collaboration with our generous partners, are designed to provide you access to flexible funding and special rates. Harris County will distribute another $30 million in federal COVID-19 relief aid to help small businesses weather the pandemic. Aug. 10 a partnership with LiftFund, an independent nonprofit . The application window will remain open until Monday, October 4 at 5:30 p.m. On Aug. 10, Harris County approved the $30 million relief fund to support small and micro businesses recovering from the effects of the pandemic. LiftFund supports hard-working small business owners like you access money and resources you need to grow your business. The application window will open Monday, September 20 at 9:30AM and close Monday, October 4 at 5:30PM Central Standard Time. We know applying for a loan is an important decision, our team will be there to help you package and understand your funding options while youre applying with us. The Small Business Recovery Fund (SBRF) program, a $30 million grant program established to assist struggling small businesses who have been unable to obtain financial assistance from other COVID-19 relief programs, was approved by the Harris County Commissioners Court on June 30. Stay up-to-date on whats happening with the Partnership and Greater Houston region by opting-in to receive information on upcoming events, news, data releases and more. We know you and your business need support during this time. Additional funds were approved April 27, 2021 to provide financial assistance to the small business community. Applications open today, September 20, 2021 with LiftFund to give women minority small business owners grants! We provide loans for: Whether you have limited credit, collateral or experience, our team will work with you to provide a loan that allows you to build your credit and improve your finances. The personal sacrifices that small business owners make day in and day out for their community are huge and we owe it to them to support them as we make it through the COVID-19 crisis and the associated economic challenges.. 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. LiftFund has deep roots in Harris County and is a champion for our small business community. Valorie Anne Reynolds is the proud owner of Chica Verde, a vintage home dcor shop in San Antonio, Texas, with a niche in outdoor dcor that features Texas plants. Grant Awards & Limitations. P.O. As a sole proprietor, I am not required by the county or state to file a DBA. Nov 14 2022 To learn more about industry prioritization, click here. 2020 at 5:00 PM CST. We know entrepreneurs, no matter their life story, are dedicated to improving their lives and their familys well being. We're here to support determined entrepreneurs like you with loans, tools and resources to grow your business. Harris County urges business owners to apply by visiting the website at www.harriscountybusinessrelief.org to review the applicant checklist to verify eligibility for this program and also to be prepared with the proper documentation needed to apply before the application portal opens. Thursday, September 23 at 12:00 pm. If your business was registered and began operating in January March 2020, you do not need to provide a 2019 tax return. Join our movement to build a stronger economy. Funds must be used for business-related expenses, including payroll, working capital, business rent, inventory, supplies, equipment, and other operating costs. In order to keep our team focused on the review and award process, we kindly ask that you refrain from contacting us to request a status update, as we may not be able to provide an immediate response to your inquiry. Join the LiftFund family as a client today. 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. Throughout the year, the SAHCC and LiftFund have combined efforts to urge the county to allocate ARPA funding for direct relief to small businesses. Be prepared to share this information during the application process. The $30 million grant program will disburse awards of between $5,000 and $25,000 to up to 2,000 Harris County businesses. If I received Harris County assistance last year, am I eligible to apply for the grant? How LiftFund supports thousands of small businesses through microloans, small business loans, and resources with dignity and respect. LiftFund founder, Janie Barrera, is a staunch advocate for small businesses in the area and nationally. The application process for the $30 million Harris County Small Business Relief Fund is now open. 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. East Harris County Empowerment Council (281) 712-2550 Spring Klein Chamber of Commerce (281) 257-9559. Am I able to apply for this program and the City of Houston's Harvey Economic Development Program (HEDP)? This type of funding is essential for rebuilding the economy of Bexar County communities. The $20 million fund will create two different programs, one $10 million program for small businesses and a separate $10 million program for nonprofits. } Were here to help you strengthen your business. Were a local nonprofit organization that makes capital more accessible to help small business owners create wealth for themselves, their families, and their communities. How. You can also attend one of our free upcoming seminars, We can be reached by phone at 888-215-2373, by email at, 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. Applications will be assessed and scored using the following methodology. We are committed to reviewing applications as quickly as possible. Whether youre a startup or an established business owner, we know business loans are an important tool for your business. How many businesses will be assisted through this program? The application review period will start on October 5, 2021 and continue through January 9, 2022. Will the application process accommodate business owners facing technological or language barriers? As long as the address on the utility bill matches the other documentation provided, that can serve as verification of business location. The City of San Antonio Small Business COVID Impact Grants Program will provide financial support in the form of grants to micro and small business owners who continue to be impacted by the pandemic to strengthen the San Antonio small business community.The program, funded by the City of San Antonio and administered by LiftFund, has dedicated $17,000,000 Million in funding to support for . Government grant funds used for paying certain utilities or the mortgage for your business may also be non-taxable. If you need help with the Public File, call (713) 778-4745. As a sole proprietor, do I submit my full 1040 personal tax return or just my Schedule C? The City of Houstons program, Harvey Economic Development Program (HEDP). SSBCI was established in 2010 and then recently . You will have 2 days to sign and accept the grant. https://www.harriscountybusinessrelief.org/, Registered business operating in Harris County. As an entrepreneur with limited business education, Valorie lacked the traditional business acumen of many of her competitors. 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. For over twenty five years, weve provided millions of dollars in loans to help deserving entrepreneurs grow their businesses and achieve their dreams. Register to connect with experts and members to discuss timely topics. HOUSTON, Texas (KIAH) Some business owners in Harris County can now apply for the new $30 million small business relief fund. Assistant Director Senior Programs. Accepted highly visible role to restructure and realign senior program that provided 1,600 meals daily (900 home . Find San Marcos, TX residential property records including property owners, sales & transfer history, deeds & titles, property taxes, valuations . , provides support to impacted small businesses and communities through small business loans and grants. If I applied for a Harris County COVID-19 grant last year, do I have to re-apply? We expect around 2,000 micro and small businesses to be assisted. 93.7 The Beat is Houston's REAL hip-hop and home of The Breakfast Club. The annual revenue amount will only be reviewed for the location listed on the application and not the total of all businesses owned by the applicant. Then, gather and review your financials and credit history. SOAR Fund - The Southern Opportunity And Resilience Fund. 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 . Business utility bill (water, gas, electric) Home based businesses may provide a home utility bill. Applications will have up to 150 points based on the following five elements, each with a maximum of 30 points. 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. Prepare and GatherKnow your business goals and needs. SBA COVID-19 Relief Options. Take the next step to learn about our membership. Since the beginning of the pandemic in spring 2020, Harris County has provided micro and small businesses with $40 million in aid. Please select services and we will contact you. LiftFund is nonprofit community development financial institution with a 27-year track record of elevating underestimated and underserved communities across its 15-state footprint. Below you will find more details about this program, including eligibility, funding methodology and timeframe. Upon completion of the award agreement, funds will be deposited into your account within 7 business days. County Judge Lina Hidalgo recently discussed the start of the Harris County Small Business Relief Fund application period, where eligible companies can apply for grants between $5,000 and $25,000 until October 4, 2021. "This place has amazing seafood, an extensive wine selection, and excellent service. In 2020, LiftFund provided over $98 million in relief funding, including zero-to-low interest rate loans and grants, to small business owners across its 15-state footprint including over $6.1 . by Grace Rodriguez | Sep 7, 2021 | Front Page, Houston News, Latest News | 0 comments. However, businesses and/or projects considered special purpose require an additional 5% from the owner. The Barstool Fund. You can view the list of prohibited NAICS codes here. Ebony Harris has a special way with children its a gift. She was recently appointed to the U.S. Treasury Committee for Racial Equity to advise Secretary Yellen on efforts to improve financial inclusion for communities of color. The SBA created the 504 loan program to help entrepreneurs finance commercial real estate and equipment for their businesses. Apply now and a team member will review your information and documents to find a LiftFund product that fits your business goals and budget. The fund will use money earmarked for Harris County recovery from the American Rescue Plan Act. Does LiftFund have experience serving the small business community? We are thrilled to provide access to insightful case studies and reports, as well as host events such as our Learning Days and funder . As a Certified Development Company (CDC), LiftFund administers the SBAs 504 loan program in Texas. We provide small business loans to underserved business owners, especially minority and women entrepreneurs, throughout the Southeast USA. Somewhat Likely . Don't forget to end the meal with bananas foster or godiva chocolate cake." If you do not receive any additional funding besides the Harris County grant, what is the likelihood of your business being open on 12/31/2022? Applicants selected to receive a grant will receive an award agreement through Docusign. If you file an 1120-S, use Line 1. 1368 75 1 EUWJB-75 75 DIY 1 EUWJB-75 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? At a young age, Sophie Macey learned American Sign Language to communicate with her deaf cousin, Yasmin, and forged lasting friendships with other deaf children throughout her time in school. Apply here. The application process is not first-come, first-served; all completed applications will be reviewed for eligibility and prioritized based on small business impact parameters.