This program will provide restaurants with funding equal to their pandemic-related revenue loss up to $10 million per business and no more than $5 million per physical location. Recipients are not required to repay the funding as long as funds are used for eligible uses no later than March 11, 2023. Priority groups: A small business concern that is at least 51 percent owned by one or more individuals who are:
Women, or
Veterans, or
Socially and economically disadvantaged (see below).
Grant type: COVID Relief programs
Name of organization: Small Business Administration (SBA)
Website: https://www.sba.gov/
Period of relevance: Constantly
Required documents:
Well, fill out an online form and provide scans of documents:Verification for Tax Information: IRS Form 4506-T, completed and signed by Applicant. Completion of this form digitally on the SBA platform will satisfy this requirement. Gross Receipts Documentation: Any of the following documents demonstrating gross receipts and, if applicable, eligible ... Read More expenses Business tax returns (IRS Form 1120 or IRS 1120-S) IRS Forms 1040 Schedule C; IRS Forms 1040 Schedule F For a partnership: partnership’s IRS Form 1065 (including K-1s) Bank statements Externally or internally prepared financial statements such as Income Statements or Profit and Loss Statements Point of sale report(s), including IRS Form 1099-K For applicants that are a brewpub, tasting room, taproom, brewery, winery, distillery, or bakery: Documents evidencing that onsite sales to the public comprise at least 33.00% of gross receipts for 2019, which may include Tax and Trade Bureau (TTB) Forms 5130.9 or TTB. For businesses who opened in 2020, the Applicant’s original business model should have contemplated at least 33.00% of gross receipts in onsite sales to the public. For applicants that are an inn: Documents evidencing that onsite sales of food and beverage to the public comprise at least 33.00% of gross receipts for 2019. For businesses who opened in 2020, the Applicant’s original business model should have contemplated at least 33.00% of gross receipts in onsite sales to the public.
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Agricultural Loan Guarantee Program (ALG) provides financial assistance to establish or enhance farming or ranching operations or to establish an agricultural-related business. This program provides assistance in the form of guarantees based on a tiered structure, not to exceed $500,000 or 80% of the loan amount, whichever is less.
Grant type: Government Grants
Name of organization: Texas Department of Agriculture
Website: https://www.texasagriculture.gov/Home.aspx
Period of relevance: Constantly
Required documents: Borrower should visit with a lender to see if they are willing to participate in the program. A lender will need to submit the application to the Department on the Borrower's behalf.
The Micro-Grants for Food Security Program (MGFSP) assists agricultural agencies or departments in eligible states and territories to increase the quantity and quality of locally grown food in food insecure communities through small-scale gardening, herding, and livestock operations by competitively distributing subawards to eligible entities.
Grant type: Government Grants
Name of organization: Agricultural Marketing Service
Website: https://www.ams.usda.gov/
Period of relevance: May 24, 2021 at 11:59 p.m. EDT
Required documents: All application packages must include the following: Standard Form (SF) 424 – Application for Federal Assistance (in Grants.gov) Agency or Department of Agriculture’s Grant Administration Narrative If applicable, application packages may also be required to include the following documents: Negotiated Indirect Cost Rate Agreement (NICRA)
The Young Farmer Interest Rate Reduction (YFIRR) Program is intended to facilitate a lower interest rate to agricultural producers or agribusiness owners who are between 18 and 46 years of age through a commercial lender. The YFIRR program provides an interest reduction to the borrower on a qualifying bank loan for an eligible project.
Grant type: Government Grants
Name of organization: Texas Department of Agriculture
Website: https://www.texasagriculture.gov/Home.aspx
Period of relevance: Constantly
Required documents: A person applying for a grant must agree this with the ATM in which the loan is made and submit an application in the established form, consisting of two parts: the first is filled in by the borrower, the second by the bank representative.
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The purpose of this program is to provide financial assistance in the form of dollar-for-dollar matching grant funds to young agricultural producers that are engaged or will be engaged in creating or expanding an agricultural business in Texas.
Grant type: Government Grants
Name of organization: Texas Department of Agriculture
Website: https://www.texasagriculture.gov/Home.aspx
Period of relevance: Twice a year (spring and fall)
Required documents: To be considered, Form GTBD-108 application form must be completed and electronically submitted by the application deadline. Applications must be submitted as a Word or PDF document.
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An eligible entity is an agriculture business/operation/ranch/farm located in a county declared a disaster by the Texas Governor. Applicants should submit documentation for agricultural related expenses not paid for by insurance or other governmental sources for costs directly related to rebuild from the natural disaster.
Grant type: Weather Relief programs
Name of organization: Texas Department of Agriculture
Website: https://www.texasagriculture.gov/Home.aspx
Period of relevance: Applications MUST be received by close of business 90 business days after the Texas Governor’s declaration of disaster for the county in which assistance is sought
Required documents: Applications must be completed and have all the necessary documentation for consideration. The application must be accompanied by documents confirming the assessment of the amount of losses, photo or video materials (optional), information on compensation by the insurance company or from other funds.
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