The City of Culver City Small Business Grant (SBG) Program is offered to local business that have been economically impacted by the COVID-19 pandemic.
Donor Name: City of Culver City
State: California
City: Culver City
Type of Grant: Grant
Deadline: 03/04/2022
Size of the Grant: $10,000
Details:
Use of Grant Funds
Grant funds can be used for operational business expenses such as:
- Employee payroll
- Working capital to continue operations
- Payment of outstanding business expenses
- Adaptive practices needed to remain open (i.e. equipment and supplies for physical distancing)
Funding Information
- The City is providing grants of no more than $10,000 to businesses that create or retain a job for a low and moderate-income person.
Eligibility Criteria
Small Businesses located in City of Culver City and meet the criteria below:
- Small Businesses with less than 500 employees that have been impacted by COVID-19
- Restaurants, coffee shops, bakeries, cafés, gastropubs, salons, barbers and other grooming businesses, gyms, day spas, and fitness studios
- Retail and commercial stores such as local markets, consumer goods, electronics, appliances, health and sporting goods, furniture, clothing and shoes, books, and music stores
- Active business license in the City or County, as applicable
- No unresolved City, municipal, or health code violations
- Business in continuous operation in their City for at least two years
Ineligible Businesses
The following business are not eligible to participate in the City’s Small Business Grant Program:
- Any national chain that is not locally franchised
- Massage parlors, bail bond services, home-based businesses, businesses with no bona fide ground-floor commercial storefront.
- Corporate-owned fast-food restaurants (franchisees are eligible, as stated in prior Eligible Business Section)
- Check cashing, bars, liquor stores, smoke/cannabis shops, firearms retailers, pawnshops
- Non-profit organizations
- Real estate salespersons
- Financial businesses primarily engaged in the business of lending, such as banks, finance companies, and factors (pawn shops, although engaged in lending, may qualify in some circumstances)
- Passive businesses owned by developers and landlords that do not actively use or occupy the assets acquired or improved with the loan proceeds (except Eligible Passive Companies under § 120.111)
- Life insurance companies
- Businesses located in a foreign country (businesses in the U.S. owned by aliens may qualify)
- Pyramid sale distribution plans
- Businesses deriving more than one-third of gross annual revenue from legal gambling activities
- Businesses engaged in any illegal activity
- Private clubs and businesses which limit the number of memberships for reasons other than capacity
- Government-owned entities (except for businesses owned or controlled by a Native American tribe)
- Businesses principally engaged in teaching, instructing, counseling or indoctrinating religion or religious beliefs, whether in a religious or secular setting
- Loan packagers earning more than one-third of their gross annual revenue from packaging SBA loans
- Businesses with an Associate who is incarcerated, on probation, on parole, or has been indicted for a felony or a crime of moral turpitude
- Businesses in which the participating city or LACDA, or any of its Associates owns an equity interest
- Multi-national or publicly traded businesses are not eligible for this program.
- The business owner that is the subject of unresolved findings of noncompliance related to previous CDBG assistance.
- Adult businesses which:
- Present live performances of a prurient sexual nature; or
- Derive directly or indirectly more than de minimis gross revenue through the sale of products or services, or the presentation of any depictions or displays, of a prurient sexual nature.
For more information, visit City of Culver City Small Business Grant.
