collin county small business grants

collin county small business grants

Program Purpose: Utilizing CARES Act funds, Collin County is launching the Collin CARES Small Business Grant Program for businesses located within Collin County, exclusive of the City of Dallas.  Up to a $25, 000 grant per business will be awarded for eligible businesses that have experienced a gross revenue loss of greater than 15% due to the COVID-19 pandemic.  Qualified businesses will receive up to $5, 000 for eligible reimbursable expenses, unless satisfactory additional documentation is provided showing actual incurred costs of up to the $25, 000 maximum. 

•  Up to $5, 000 for eligible reimbursable expenses, unless satisfactory additional documentation is provided showing actual incurred costs of up to the $25, 000 maximum. The amount of the grant will be based on eligible expenses, prior receipt of CARES Act funds and the applicant’s grant use description.  Collin County, its agents and representatives will make the sole and final determination of program requirements and grant awards.

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•   Any CARES Act small business funding previously received by the applicant from Collin County or its cities will reduce the amount of the applicant’s maximum grant award under this program. Additionally, if a business owner or a member of their household received funding for housing/living expenses under the Collin CARES Emergency Housing & Living Assistance Program (EHLA), the applicant’s maximum grant award under this program may be reduced.

Collin County Community College, Courtyard Center

•   Any previously received PPP or EIDL funding will not reduce the amount of the applicant’s maximum grant award under this program.

•   Business owner must be willing to certify their intention to remain in business at least 90 days subsequent to disbursement of grant funds.

•   Business owner must disclose any funds applied for or received from the SBA, FEMA, or other federal, state or local assistance programs

NDC

Apply Now: Opportunities For North Texas Innovators

•   Businesses without a Certificate of Occupancy (if required), or businesses with past due taxes owed to federal, state or local government entities, unless an approved and current payment plan exists

•   Businesses ineligible or precluded from receiving federal or State of Texas funding due to federal laws, including, but not limited to, the CARES Act

Commissioners

•   Franchises which are not responsible on a local level for all revenues and expenses or are not eligible to obtain SBA loans per the SBA Franchise list

Mckinney City Council Declares Another Victory For Small Businesses In Collin County

*Businesses that are seeking up to a $5000 grant will not be required to provide business bank statements. Expenses will be verified via the signed year-to-date profit & loss statement. 

Collin

Status of program: The application will open at 12pm on September 4, 2020 and will close at 12pm on September 25, 2020.

*Businesses that are seeking up to a $5000 grant will not be required to provide business bank statements. Expenses will be verified via the signed year-to-date profit & loss statement. 

Collin

Status of program: The application will open at 12pm on September 4, 2020 and will close at 12pm on September 25, 2020.

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