The Revive Santa Ana Small Business Rent & Debt Relief Grant provides grants to eligible small businesses to aid in recovery and to address negative economic impacts from the COVID-19 pandemic.
Donor Name: City of Santa Ana
State: California
City: Santa Ana
Type of Grant: Grant
Deadline: 08/15/2023
Size of the Grant: $25,000
Details:
The support is targeted to current Santa Ana small businesses that have been in operation as of 2018, have 25 or less employees, sustained a decrease in revenue due to pandemic impacts, and that are in need of funds to pay past due rent or for payments to loans or credit cards for debt that was incurred to maintain operations.
This grant program is funded with authorization from the American Rescue Plan Act (ARPA) through U.S. Department of Treasury Coronavirus State and Local Fiscal Recovery Funds (SLFRF).
Funding Information
- A total of $1,500,000 is available for this grant.
- The maximum grant amount is calculated on the loss of business revenue for tax years 2020, 2021, and 2022 calculated on the base year of 2019, not to exceed $25,000.
Eligible Expenses of Grant
Grant funds may be used for the following:
- Payment of past due rent and fees. Past due rent and fees must be documented at the time of application with a lease agreement and one of the following:
- Invoice from the leasing company/property owner;
- Official letter from the leasing company/property owner or;
- Rent ledger from leasing agent/property owner
- Payment of business operating expenses that were placed on a business loans/credit cards. Loans and credit card debt must be documented at the time of the application with the following:
- Credit Cards: 1) Credit card statements demonstrating operating expenses to pay, and 2) most current credit card statement documenting outstanding debt.
- Loans: Bank account records demonstrating 1) loan deposits, 2) operating expenses to pay, and 3) most current loan statement documenting current outstanding debt.
Eligibility Criteria
Businesses must meet the following eligibility requirements:
- For-profit business located in Santa Ana in operation as of 2018
- Valid and Active Santa Ana Business License
- Valid Certificate of Occupancy (if required by the City)
- Business owner identification
- Must be a small business documented at the time of application by having 25 full-time equivalent (FTE) employees or less
- Must have a brick and mortar location/physical location in Santa Ana
- Must have been in operation at the current location as 2018 and provide documentation via one of the following:
- Santa Ana Business License
- Certificate of Occupancy
- Commercial Lease Agreement
- Business Tax Returns
- Must document the loss in revenue through the complete annual IRS business income tax filings. IRS Business Tax filings must include the following forms:
- For sole proprietors and single member LLC’s (IRS Form 1040 Schedule C)
- For partnerships (IRS Form 1065)
- For S-Corporations (IRS Form 1120-S)
- For C-Corporations (IRS Form 1120)
- LLCs should follow the instructions that apply to their tax filing status in the reference periods
- A business cannot receive more in grant funding than the total revenue loss
For more information, visit The City of Santa Ana.
