- Business must be physically located and operating within
Tarrant County (excluding the City of Fort Worth).
- Applicant must provide the name of the City in which the
business is physically located and/or goods or services
provided
- Applicant must provide the physical street address
(no P.O. Box) for the business location, and if different, a mailing
address for the business.
- Business must be a for-profit
sole proprietorship, organization, association, corporation,
partnership, joint venture, limited partnership, limited liability
partnership or limited liability company with 25 or fewer employees
as of March 1, 2020.
- Business must have been
operating and open to the public since January 1, 2020.
- Business must have been closed or partially closed because of
the COVID-19 public health emergency and in need of reimbursement
for business interruption and/or incurred costs caused by COVID-19
closures. (If your business was open but with reduced open
hours, was operating with reduced staff, had limited service
available (such as to-go, online, or curbside pick-up only),
and/or had a reduction in workload from normal operations, then it
would be considered partially closed.)
- Business is
NOT listed on the Federal debarment list per the System for Award
Management (SAM) website.
- Business shall not have
delinquent 2018 or prior year property taxes, tax liens or
judgments.
- The Grant funding determination will be based on
the following:
- Grant funding eligibility and grant
reimbursement amount will be determined based on the financial
and other information provided in this application, along with
the required documentation.
- To establish grant
eligibility, the business must show an impact when April and May
2020 business related deposits are compared to January and
February 2020 business related deposits.
- The amount
eligible for reimbursement by the Grant is ONE of the
following:
- 1.5 x the average payroll costs (including
the calculated average owner’s compensation or partnership
draw incurred but not paid). The average will be calculated
using the 2019 or 2018 tax return or 1st quarter
2020 (January through March) Form 941 submitted with the
application.
- 3x the average types of allowable
expenses per the Tarrant County Small Business Assistance
Program guidelines. The average will be calculated using
the 2019 or 2018 tax return submitted with the
application.
- The dollar
amount of individual grants will be determined by the
information provided, the number of eligible grant applications
received and the funding pool available, with no individual
grant being more than $10,000.
- Owners of
multiple business are only eligible to make grant application for
ONE business location and receive only ONE grant award. Only the
first application submitted by the owner will be considered for
funding. Application will include disclosure of owner(s).
- Businesses/Owners receiving a previous Tarrant County Small
Business Assistance grant award will NOT be eligible for another
grant award in the second round. Owners with more than one business
who received grant funding for a business in the first round will
NOT be eligible to receive grant funds for a different business in
the second round.
- Twenty percent (20%) of the allocated
grant funds will be allocated for businesses with 51% Minority,
Woman, or Veteran ownership.
- Grant proceeds may be for
expenses incurred after March 1, 2020 through May 31, 2020. Grant
funds received are not for the same costs covered by 1) other
federal grants or loans business has received (i.e. PPP, SBA EIDL,
or other federal program funds), 2) other local grants, or 3)
business interruption insurance payments.
- Completed
applications and required documentation will be reviewed by the
Tarrant County Auditor’s Office based on Tarrant County
Commissioners Court approved Small Business Assistance Grant Program
Guidelines.
- Applicant will receive an email indicating grant
approval or denial, and if approved, the dollar amount of the
grant.
- Checks for grant awards will be issued to qualifying
grant recipients through Tarrant County Accounts Payable. Checks
will be issued to the business and mailed to the address listed in
the provided Form W-9. A report of the business grant recipients
and the amount of grants funded will be sent to, approved by, and
filed with the Commissioners Court.
- All required
documentation must be uploaded and submitted with the application in
order to be complete. Applications missing required documentation
will be determined incomplete and ineligible for funding.
- Application Assistance Centers are available in various cities
and other locations around the County for application information
and transmittal assistance (see Grant website for locations).
Tarrant County is a governmental body subject to the Texas Public
Information Act. Information submitted to Tarrant County in the
application may be subject to the Act and, therefore, subject to
public release.
Tarrant County