By Claire Schlaman
For The Sign
A second spherical of funding has been introduced for companies in Los Angeles County who’ve been disproportionately impacted by the pandemic.
The Small Enterprise Revitalization Grant II Program will present eligible companies with $30,000 for working capital to proceed operations, worker payroll, adaptive enterprise practices wanted to remain open, and cost of previous enterprise bills.
“It’s our hope that by increasing the geographic eligibility for this second spherical of discovering, we’ll assist a better variety of companies which have been disproportionately impacted by the pandemic” mentioned Emilio Salas, appearing govt director of L.A. County Growth Authority, in a ready assertion.
To be eligible, a enterprise should meet the definition of a small enterprise as outlined in California Authorities Code 14837 and has been allowed to reopen by the state, however ordered to stay closed by the L.A. County Well being Workplace Order as of Sept. 4.
The goal industries embody breweries and wineries with no kitchen, miniature golf parks, batting cage amenities, kart racing facilities and tanning salons.
Purposes for this system should be submitted by 11:59 p.m. Monday, Oct. 26.
Purposes shall be processed on a first-come first-served foundation beginning with companies in LA County. As soon as all purposes on the county have been processed, the LACDA will then start to course of purposes for companies within the metropolis of Los Angeles.
Required paperwork embody COVID-19 Grant Settlement, COVID-19 Assertion of Affect, 2018 or 2019 Tax Returns, Enterprise License, Brewery License 23 (if relevant), Wineries – Sort 2 (if relevant), IRS Varieties 940 or 941 or payroll documentation to confirm worker measurement, and organizational paperwork similar to articles of incorporation and bylaws, working settlement, fictitious enterprise assertion, or different documentation that identifies enterprise rules.
Companies which have already acquired help from different Los Angeles County or Metropolis of Los Angeles CARES Act or COVID-funded packages, is not going to be eligible for this program.
To use for COVID aid funding, go to revitalizationgrant.lacdc.org and watch the step-by-step software tutorial. For added questions on the grant program, e mail [email protected] or name (626) 943-3833.
