• AnaM

What you need to know about California Small Business COVID-19 Relief Grant Program

“On November 30, 2020, Governor Newsom and the State Legislature announced the allocation of $500 million to the Program to be administered by the California Office of the Small Business Advocate (CalOSBA) at the Governor’s Office of Business and Economic Development.”

This program was created to provide micro grants ranging from $5,000 to $25,000 to eligible small businesses and nonprofits impacted by COVID-19. First round Application opened on December 30th at 6:00 am PST and will close on January 8th, 2021 at 11:59 pm PST. There will be a second round, however, the date for this one hasn’t been determined yet. You need to keep in mind that all applicants that summit all the required documentation in the first round do not need to reapply.

Here the list of the documentation necessary:

1. Application Certification: Signed certification used to certify your business

2. Business Financial Information:

a. Most recent tax return filed (2019 or 2018) – provided in an electronic form for online upload, such as PDF/JPEG or other approved upload format.

b. Copy of official filing with the California Secretary of State, if applicable, or local municipality for the business such as one of the following: Articles of Incorporation, Certificate of Organization, Fictitious Name of Registration or Government-Issued Business License.

3. Government Issued Photo ID: Such as a Driver’s License or Passport

Also, Owners of multiple businesses, franchises, locations, etc. will be considered for only one grant and are required to apply for the business with the highest revenue.

If you need help with you application please contact us at admin@mybooksntaxes.com or book a call here

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