In an effort to support local small businesses, the City of Walnut is awarding one-time grants, up to $5,000, to assist eligible business owners weather the economic hardships resulting from the COVID-19 pandemic.
Donor Name: City of Walnut
State: California
City: Walnut
Type of Grant: Grant
Deadline: 07/18/2022
Size of the Grant: up to $5,000
Details:
The City of Walnut Business Grant Program (“Business Grant Program”) will provide one-time grant funding for small businesses to help meet immediate financial needs due to the temporary loss of revenue and related impacts from the COVID-19 public health emergency. The purpose of the Program is to provide funding for small businesses to mitigate financial hardships caused by the impacts of the COVID-19 Pandemic.
Funding Information
The max grant award is $5,000.
Eligibility Criteria
- The business must be an independently owned and operated business that employs no more than 25 full-time equivalent (FTE) employees. FTE is defined as a single full-time employee or multiple part-time employees that work a total of 2,080 hours annually. Franchises are eligible as set forth below.
- The business must possess a valid City of Walnut Business License. The business must have been in operation for a minimum of six-months in the City.
- To be eligible to apply for the Business Grant Program, a business must demonstrate the need for financial support due to the temporary loss of revenue resulting from the impact of the COVID-19 pandemic. An applicant will need to prove that their business has been affected by COVID-19 in one of the following ways:
- The business was deemed non-essential and was forced to shut down by the state or local government;
- The business has had to lay off at least one of its employees (full- or part-time employee);
- Sales at the business are down more than 25 percent compared to a previous three-month period (prior to February 15, 2020) or a comparable three-month period in 2019;
- One or more of the employees in the business have contracted COVID-19, while at work.
- The business must submit an application and all required supporting documentation.
- The following business types are not eligible for Business Resiliency Program grants:
- Home-based businesses;
- Any business without a commercial storefront in the City;
- Businesses with more than 25 full-time equivalent (FTE) employees.
Example of Eligible Grant Expenses
- Examples of expenses that are eligible for use of grant funds are (but not limited to):
- Rent, lease, or mortgage payments
- Utility expenses
- Insurance, personal protective equipment (PPE) and supplies,
- The purchase and installation of material and equipment to accommodate physical distancing
- Other temporary operation adjustments such as hands-free payment devices, sanitation supplies and Plexiglas partitions (to be approved on a case-by-case basis) consistent with the Business Grant Program Policy Guidelines
For more information, visit City of Walnut.
