Hey, guys, it's Ginny Silver California has another round
of California Small business relief grants opening up very
soon. Now the most recent revision of the California state
budget included in additional funds to be allocated to the
California Small Business Relief Grant Program, which is
also known as the Lender Street.
Now, the size of the grants ranges between $5,000, up to
$25,000, depending on your business's annual revenue.
Keep in mind that this is revenue amount, which means the
amount of money that your business takes in.
So if your eligible business takes in between $1000 and $100,000
per year, then you would be eligible for a $5,000 grant greater
than $100,000, up to $1 million worth of revenue.
You would be eligible for a $15,000 grant and greater than
$1 million up to $2.5 million.
You would be eligible for a $25,000 grant.
Now this is a grant.
This is not alone, so the money is yours to use for the qualified
business uses.
In order to be eligible, you must be a small business owner,
a sole proprietor, independent contractor, 1099 worker and
or registered for profit business entity.
You must have a yearly gross revenue between $1,000 at a
minimum and $2.5 million at a maximum.
Businesses must be impacted by health and safety restrictions
due to the pandemic, such as business interruptions or closures
incurred as a result of the pandemic.
Businesses must be able to provide organizing documents including
2019 federal tax returns, copy of official filing with the
Secretary of State is applicable, business license, certificate
of organization, fictitious name registration, etc.
You must be able to provide an acceptable form of government
issued photo ID and applicants with multiple business entities
are not eligible for multiple grants and are only allowed
to apply once using their eligible small business with the
highest revenue.
Now these are not awarded on a first come first serve basis.
It's stated here that industry analyzes based on greatest
need on location and also based on industry.
The next opportunity to apply for this grant is going to
begin on Thursday, September 9 and continue through Thursday,
September 30.
Keep in mind it's not a first come first serve basis for
applicants, so you can get in your application at any point
in time September 9 through the 30th for consideration in
this round.
If you already previously submitted an application, then
you do not need to resubmit it again.
Yours is automatically move on for further consideration
in this round.
In order to apply the state that you will need an application
certification which is available on this website, you will
need your business financial information which is going to
include your federal tax return filed in 2019, and you will
need to have a copy of official filing with the California
Secretary of State or something such as a fictitious business
name registration, government issued business license or
other government related documents.
Additionally, you will need a government issued photo ID
now for those of you who are wondering, has anyone actually
been awarded and paid out these grants?
The answer is yes, myself as well as many of my subscribers
have received these grants previously, I personally received
one quite a while back and many others as well.
So you're going to click the link in the video description
down below, and you may apply during the window of September
9 through September 30.
Okay, you guys, I hope that was helpful.
Please click Like subscribe and leave me a comment down below.