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Yes. Businesses that received PPP funding are eligible for the SBGP grants. Businesses that have not received PPP funding will receive additional consideration during the review process.
Documentation of business* (choose one of the following)
*Sole proprietors provide documentation on when you started your business. Ex. Include Occupational license, Sales Tax Certificate
All of the following documentation is required, if applicable
Yes. These documents are necessary to ensure all applicants meet the required eligibility to receive grants. These same documents are required by many state and federal grant programs.
The third-party administrator only needs to receive one document that proves the existence of a business. That document may be the Secretary of State of Texas File number, State of Texas License number, DBA, or a tax return. It is not necessary to provide more than one of these documents.
Provide your Certificate of Filing with the Secretary of State. If you do not have it, you can find it on the Texas Secretary of State website at https://direct.sos.state.tx.us/acct/acct-login.asp
If you are a sole proprietor, you can provide a DBA, first state bank statement, first income tax or sales tax filing, or a professional license.
Any business with only one owner that does not have payroll cost may report using net income as a sole proprietor. This includes corporations and LLCs with one owner and with no payroll cost; however, sole proprietors who have payroll costs (that file 941s, W-3s, etc.) must report payroll costs, not net income.
Yes. If your business meets the other criteria, you will qualify. Payroll and / or fixed cost amounts used to calculate the grant amount should be only for those portions of the business that are located in the city of McKinney within Collin County.
Yes. Businesses that otherwise meets the criteria outlined may apply if such business is in the city limits of McKinney and within Collin County. You will only be allowed to apply for reimbursement of actual losses that occurred March 1 - May 31, 2020.
Yes. The third-party administrator will notify all applicants on their status: approved, not approved, disqualified.
Application evaluation will begin once the submission period has ended. We will work diligently to process all applications as quickly as possible. Our goal is to issue grants by late July.
If you have questions email firstname.lastname@example.org or call 1-833-696-0804 Monday - Friday, 8 a.m. to 5 p.m.
Funds allocated to the SBGP are provided by Collin County as part of the federal CARES Act to help cities, businesses and residents recover from economic hardships caused by the COVID-19 pandemic. The City of McKinney has allocated $5,000,000 for this program. If eligible applicants do not exceed program funding, an additional application round may be considered.
Those businesses that had a coworking space contract before March 1, 2019 on a continuing basis may also be eligible to apply.
If a business does not currently have a storefront/office location, but had one pre-COVID-19 and vacated the space temporarily due to COVID-19, the business may be eligible for a grant. You may be asked to provide proof that you had a storefront/office location prior to COVID-19
Grant award decisions are made objectively by a third-party administrator based on a pre-determined set of application criteria and scoring guidelines. No appointed or elected officials are involved in the decision-making or influence the final award decisions. Every applicant will have a fair and abundant opportunity to apply with advance notice.