Please refer to the Scope of Work for additional information. LiftFund can help small business owners acquire real estate and equipment they need to grow their businesses. San Antonio-based community lender LiftFund was selected to administer the . "This place has amazing seafood, an extensive wine selection, and excellent service. Valorie Anne Reynolds is the proud owner of Chica Verde, a vintage home dcor shop in San Antonio, Texas, with a niche in outdoor dcor that features Texas plants. Throughout the year, the SAHCC and LiftFund have combined efforts to urge the county to allocate ARPA funding for direct relief to small businesses. Get updates, toolkits and timely information about the virus and its economic impact. Assisted in routine inspections, surveys, and complaint investigations. 1 0 obj } % Grant Awards & Limitations. The message will come from a LiftFund email address. Learn more about becoming a LiftFund supporter. The Harris Small Business Relief Fund awards will not be made on a first-come, first-served basis. Click the Apply Now button to the right to apply for a small business loan. Grant applicants are only eligible to receive one grant award, Only one grant may be awarded per business with more than one location, Limited to one grant per physical address within Harris County, Drivers license or government-issued photo ID, Proof of business registration with Harris County or TX Secretary of State, Q1 2021 941, payroll report or 1099 to verify number of employees. . The grant application will require verification of pertinent documentation. The Small Business Relief Fund was created with funding from the American Rescue Plan Act (ARPA) and is being administered by LiftFund, a nonprofit organization that supports small business owners . Austin, TX 78711-2277 For more information about LiftFund, visit www.LiftFund.com. Houston's Harris County brought the most business owners to LiftFund by far, with 230 applications totaling more than $22 million in "pre-approved" loan amounts, which are based . Your password must be at least 7 characters long. SAN ANTONIO (December 6, 2022)-Bexar County announced last week that the Bexar County Assistance Program will offer $20 million in COVID relief grants to small businesses and nonprofits in January of next year. adam carlyle taylor accident. Were a local nonprofit organization that makes capital more accessible to help small business owners create wealth for themselves, their families, and their communities. You will have 2 days to sign and accept the grant. I used to have more employees in 2019 and/or 2020. If I applied for a Harris County COVID-19 grant last year, do I have to re-apply? If you do not receive any additional funding besides the Harris County grant, what is the likelihood of your business being open on 12/31/2022? The Harris County Small Business Relief Fund will provide grants ranging from $5,000 to $25,000 to eligible micro and small businesses. Headquarters | 2014 S. Hackberry St, San Antonio, Texas 78210, USA, 2021 LiftFund All Rights Reserved | Privacy Policy | Terms of Service, About LiftFundImpactCommunityOur TeamClient Stories, ResourcesBusiness SupportLiftLearnEventsBlog, LoansAm I Ready?Funding OptionsRefer A Client, ChampionsPartnersSupportersClient Marketplace. If my business opened after April 2020, can I apply? If I have questions, how do I contact LiftFund? Thursday, September 23 at 12:00 pm. 1054 Grant Harris Rd. East Harris County Empowerment Council (281) 712-2550 Spring Klein Chamber of Commerce (281) 257-9559. If you file an 1120-S, use Line 1. HOUSTON, Texas (KIAH) Some business owners in Harris County can now apply for the new $30 million small business relief fund. You can submit a copy of your business lease agreement. But when other lenders are telling you no, LiftFund wants to say yes. View all San Marcos Property Records by Street. .nf-form-content .nf-field-container #nf-field-315-wrap { All applicants will be notified of their application result by January 31, 2022. Once I submit my application, can I confirm LiftFund received it? If my business is located outside of Harris County but I serve customers within the county, can I apply? My business was registered and began operating in January March 2020. https://www.cclerk.hctx.net/PersonalRecords.aspx#ANInfo. The SBA created the 504 loan program to help entrepreneurs finance commercial real estate and equipment for their businesses. Is the $500,000 annual revenue limit based on gross or net revenue? SSBCI was established in 2010 and then recently . Pricey, but great for a date. For some, entrepreneurship is the only source of income, and a pathway out of poverty. Harris County and LiftFund are offering one more webinar to provide an overview of the grant program, eligibility guidelines and more information about how to apply. Registered as a business operating in Harris County, Must have 30 or fewer employees (including part-time, contractors and full-time employees and owners), Experienced negative impact on operations due to the pandemic, Annual revenue of less than $500,000 dollars in 2019 and 2020, Be in good standing with the Texas Comptrollers office with no outstanding tax obligations or liabilities. Ebony Harris has a special way with children its a gift. x=ko#9r0m6~#c;Id/dY~d-q|f6e@-b]|K}9>>.N>]]7wb;#!\TnxC The Small Business Recovery Fund (SBRF) program, a $30 million grant program established to assist struggling small businesses who have been unable to obtain financial assistance from other COVID-19 relief programs, was approved by the Harris County Commissioners Court on June 30. By Chris Mathews. Thank you for your cooperation. We provide loans and resources to budding and established business owners. Grant eligibility criteria includes: Grant applicant must be authorized representative of business or non-profit . If I have 2 businesses, can I submit an application for each? You can view the list of prohibited NAICS codes here. Most projects require a 50-40-10 split. Applications will be accepted from Monday. LiftFund provides small business loans for women & minority entrepreneurs andstartups in Houston, Texas. Find San Marcos, TX residential property records including property owners, sales & transfer history, deeds & titles, property taxes, valuations . We provide small business loans to underserved business owners, especially minority and women entrepreneurs, throughout the Southeast USA. Available for start-up and existing businesses; SBA guarantee allows us to provide financing; Cash flow must be sufficient for payments; Owner Injection: 20% startups, 20% business acquisitions; Projections reviewed for businesses affected by COVID19; More than 50% of workforce is low-income, or resides in LMI census tracts, 51% or more owned by veterans, active duty military participating in the militarys Transition Assistance Program (TAP), reservist or National Guard member or a spouse of any of these groups, 51% or more owned by a widowed spouse of a service member who died while in service, or a widowed spouse of a veteran who died of a service-connected disability, Current on all payments for the last 12 months, It was used originally (85% or more) to finance eligible 504 uses (see above). By applying, we can find the right product to help you meet your business and financial needs. . Chica Verdes mission is to bring a bit of warmth and green into the life of its customers, who are the center of the business. Headquarters | 2014 S. Hackberry St, San Antonio, Texas 78210, USA, 2021 LiftFund All Rights Reserved | Privacy Policy | Terms of Service, About LiftFundImpactCommunityOur TeamClient Stories, ResourcesBusiness SupportLiftLearnEventsBlog, LoansAm I Ready?Funding OptionsRefer A Client, ChampionsPartnersSupportersClient Marketplace. The application window for Harris County's new $30 million Small Business Relief Fund opened Sept. 20 and will close Oct. 4 at 5:30 p.m. Instead, in 2015, set her sights on opening a childcare center, where she could educate, support, and influence kids. All grants will be awarded by January 2022. To qualify for the Small Business Relief Fund, micro and small business applicants must: Be located within Harris County As a Certified Development Company (CDC), LiftFund administers the SBAs 504 loan program in Texas. 2010 - Jun 20122 years. Register Email The $20 million fund will create two different programs, one $10 million program for small businesses and a separate $10 million program for nonprofits. If you file a Schedule C, use Line 1. /* FIELDS STYLES */ Ebony Harris has a special way with children its a gift. Small business owners have something to look forward to later this month, as Harris County launches The Small Business Relief Fund, a grant administered by LiftFund in order to help assist small . I use a PO Box on my business registration and/or my tax return. As a Certified Development Company (CDC), LiftFund administers the SBAs 504 loan program in Texas. Partner with LiftFund and connect your client to resources and capital so they begin a path to success. A list of our partner agencies and their contact information can be found here. Texas Border Businesss. Applications with the highest scores will be reviewed and approved first. Then, apply and submit all of your documents. The application review period will start on October 5, 2021 and continue through January 9, 2022. You will need to submit your 2020 tax return. By joining our movement, you say yes to financial inclusion and opportunity for all. We know you and your business need support during this time. Yes, for financial assistance, please visit www.liftfund.com/loan-offerings. If this describes you, the SBA 7A Community Advantage loan program may be the right fit. Sign up for our email newsletter to receive important updates regarding Texas veterans and TVC. Small businesses in the county that found themselves affected by COVID-19 will soon be able to apply for a grant of up to $25,000. Join our movement in leveling the financial playing field and breaking the cycle of poverty through entrepreneurship. Desde 1998, LiftFund ha proporcionado ms de $68.7 millones de dolares en capital y ms de 4.300 prstamos comerciales a propietarios y emprendedores de pequeas empresas del este de Texas, de los cuales el 81% son negros, indgenas y de color (BIPOC), el 65% son individuos de bajos a moderados . Business and financial training. Terms: 7-10 year term; 25 year term for real estate; Prime + (2.75% to 6%); Variable rate (based on Wall Street). Please attached copies of your 2020 1099s in the application or submit a payroll report. How many businesses will be assisted through this program? She specializes in Texas features, consumer and business news and local crime coverage. As a sole proprietor, I am not required by the county or state to file a DBA. Since 1994, LiftFund has provided over $409 million in opportunity funding and business education to small business owners and aspiring entrepreneurs. Box 12277 LiftFund is nonprofit community development financial institution with a 27-year track record of elevating underestimated and underserved communities across its 15-state footprint. The description of my page. Harris County urges business owners to apply by visiting the website at www.harriscountybusinessrelief.org to review the applicant checklist to verify eligibility for this program and also to be prepared with the proper documentation needed to apply before the application portal opens. P.O. Don't forget to end the meal with bananas foster or godiva chocolate cake." Created with funding from the American Rescue Plan Act (ARPA), the Small Business Relief Fund is being administered by LiftFund, a nonprofit community development financial institution (CDFI); and we are proud to announce . 11 Aug 2021. Small business loans in Houston, TX up to $500,000. Harris County Judge Lina Hidalgo will announce the start of the Harris County Small Business Relief Fund Application period on Monday. The SBA created the 504 loan program to help entrepreneurs finance commercial real estate and equipment for their businesses. Negative impact can be demonstrated by a decline in either gross or net revenue between 2019 and 2020. Can I still apply? LiftFund will administer the grants, and all completed applications will be reviewed for basic eligibility. Applications will be assessed and scored using the following methodology. The SAHCC is proud to continue our advocacy efforts with our partners at LiftFund, and grateful to our county leadership for their support of our small business community, said SAHCC President & CEO, Marina Gonzales. . You need capital that can support you a loan that can help you grow your business so you can prove your success and qualify for a bank loan. Applications must be done online. You can view the list of prohibited NAICS codes here. Yes, businesses are eligible to apply and the amount of previously received funding will be factored into calculation of grant score. HomeMediaLiftFund Inc. Small Business Support, Nonprofit Organization based in the Alamo Region. Corpus Christi, Texas Area. No, businesses must submit both the 2019 and 2020 business tax returns to be considered,unless the business was registered and began operating in January March 2020, in which case the 2019 return is not required. Search For Grant-Funded Services; Support Grant-Funded Services; Manage Current 2022-23 Funding. $30 million fund is a continuation of Harris County's financial support to small businesses reeling from these setbacks. Valorie Anne Reynolds is the proud owner of Chica Verde, a vintage home dcor shop in San Antonio, Texas, with a niche in outdoor dcor that features Texas plants. LiftFund supports hard-working small business owners access money and resources they need to grow their business. Administered by local nonprofit small business advocate, LiftFund, the program was designed to assist local businesses and nonprofits recover and grow after the challenges of the pandemic. 2 0 obj We believe you deserve a path to success and were here to close the small business finance gap thousands of small businesses face daily. Policy News - March 2, 2023. The U.S. Department of the Treasury recently approved up to $339 million in funding for five states and territories under the State Small Business Credit Initiative (SSBCI). endobj SBA 7a Community Advantage & 504 loans. I dont receive a business utility bill. Finding traditional business loans isnt easy. We can help you get the funding you need, even if youve been turned down before. Upon graduating, Sophies aunt encouraged her to pursue an ASL career and follow her passion of bridging the gap between the deaf and hearing communities. Do Not Sell or Share My Personal Information. Am I able to apply for this program and the City of Houston's Harvey Economic Development Program (HEDP)? Application opens today for Free Grant Money for small business owners in Harris County! More information about the partner organizations can be found here. The only thing standing between small business owners and success is often capital. Harris County to launch $30M small-business relief fund Sept. 20. LiftFund founder, Janie Barrera, is a staunch advocate for small businesses in the area and nationally. This is an effort to reach businesses that may have been underserved by previous relief programs. <>/Metadata 194 0 R/ViewerPreferences 195 0 R>> The grant funds will be awarded monthly beginning in November 2021 and through January 2022. As a sole proprietor, do I submit my full 1040 personal tax return or just my Schedule C? Can those be counted? The fund was approved to support small and micro businesses who have . font-size:12pt; Find small business grants or loans in Texas that help minorities and women owned businesses. Is negative impact on operations due to the pandemic based on gross or net revenue? LiftFund is proud to serve the small businesses and nonprofits that are the heart of this county, says Ms. Barrera. You can view the list of prohibited NAICS codes here. Can I apply? If your business was registered and began operating in January March 2020, you do not need to provide a 2019 tax return. How LiftFund supports thousands of small businesses through microloans, small business loans, and resources with dignity and respect. Youre ready to grow and strengthen your business with a loan. Notice: JavaScript is required for this content. Were a partner with SBA and the program funds startups and existing businesses, startup costs, operating expenses, business acquisition, refinancing business debt, tenant improvements, working capital, equipment purchases and more. Grants will range from $5,000 to $25,000. Eligible small business owners may apply for financial support in the form of grants ranging from $5,000 to $25,000 to advance their recovery from the economic setbacks caused by the COVID-19 pandemic. #DJSupastar Yes, for financial assistance, please visit, . Commissioners Court unanimously approved a plan to award up to 2,000 . Will the application process accommodate business owners facing technological or language barriers? However, businesses and/or projects considered special purpose require an additional 5% from the owner. 4 0 obj If I received a PPP or EIDL loan can my business still qualify for the program? You can also attend one of our free upcoming seminars www.liftfund.com/events. Prepared technical reports regarding emissions and environmental . No, the business must have been registered with the county or state and operating on or before April 1, 2020. %PDF-1.7 Prepare and GatherKnow your business goals and needs. Advantages of the Micro and Small Business Loans Program. We cant do this work alone, thats where you can come in. For more information, or to get information for the Harris County Business Relief program in Spanish or Vietnamese, please visit https://www.harriscountybusinessrelief.org/, 2023 Impact Hub Houston - houston.impacthub.net - 1801 Main St, 10th Floor, Houston TX 77002 - #HOUimpact, Harris County has created a new $30 Million Small Business Relief Fund. To learn more about industry prioritization, click here. <>/ExtGState<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/Annots[ 16 0 R 17 0 R 18 0 R 28 0 R 31 0 R] /MediaBox[ 0 0 612 792] /Contents 4 0 R/Group<>/Tabs/S/StructParents 0>> The nonprofit community development financial institution provides aid to small business owners across its 15-state footprint, the county said, including more than $6.1 million in funding for Harris County small business owners." Since I dont have a 2019 business tax return, what documents do I need to submit to prove negative impact? You will receive a confirmation email from noreply@bmisw.com. We know applying for a loan is an important decision, our team will be there to help you package and understand your funding options while youre applying with us. Applicants will need to be businesses registered in Harris County with: Applications for the program will run for two weeks beginning Sept. 20. Since 1998, LiftFund has provided over $68.7 million in capital and more than 4,300 business loans to East Texas small business owners and entrepreneurs, of which 81% are Black, Indigenous and People of Color (BIPOC), 65% are Low-to-Moderate Income individuals, 43% are women, and 24% are startups. For more information about LiftFund, visit www.LiftFund.com. Robyn Harris, LiftFund robyn@gilbcomm.com, 281-649-9595 Martha Zurita, LiftFund mzurita@liftfund.com, 210-531-5518 Press Office, Harris County Judge press@cjo.hctx.net, 713-274-7050 Apply starting Sept. 20 for $30 million Harris County small business relief program, managed by LiftFund Eligible small and micro businesses may receive grants We provide loans for: Whether you have limited credit, collateral or experience, our team will work with you to provide a loan that allows you to build your credit and improve your finances. colonel frank o'sullivan interview; beverly hills high school football Funds must be used for business-related expenses, including payroll, working capital, business rent, inventory, supplies, equipment, and other operating costs. info@tvc.texas.gov. This program puts funding directly into the hands of small businesses and nonprofits to help them strengthen the families and neighborhoods of our county, says County Judge Wolff. By: Danica Lloyd - Community Impact. LiftFund and other local community organizations will help applicants navigate the application process and overcome technological or language barriers. Harris County approved a similar small business relief fund last year using federal funding from the CARES Act. https://www.harriscountybusinessrelief.org/, Registered business operating in Harris County. www.LiftFund.com; Application Review: June 22, 2020; Lottery: June 23, 2020; Awards: June 29, 2020-December . Does LiftFund have experience serving the small business community? Please select services and we will contact you. Why Houston? Eligible applications with the highest scores will be reviewed and awarded first, followed by applications with lower scores. In 2020, LiftFund provided over $98.2 million in prompt financial support to small business owners facing the economic impact of COVID-19, including relief loans, small business grants and PPP loans across its 15-state footprint. As an entrepreneur with limited business education, Valorie lacked the traditional business acumen of many of her competitors. Grant Funding For Veterans Services. There are also some exceptions. SAN ANTONIO (December 6, 2022)Bexar County announced last week that the Bexar County Assistance Program will offer $20 million in COVID relief grants to small businesses and nonprofits in January of next year. Funds must be used for business-related expenses, including payroll, working capital, business rent, inventory, supplies, equipment, and other operating costs. Nov 14 2022 LiftFund supports thousands of small businesses through microloans, small business loans, and resources with dignity and respect. However, businesses and/or projects considered special purpose require an additional 10% from the owner. Learn more about our special funding options and apply today! Through the program, small businesses and nonprofits can apply for $10,000 -$50,000 in direct relief grants. Tax-exempt businesses, hobby businesses, gambling businesses, residential builders, speculative real estate investors, government entities and sexually-oriented businesses are not eligible. My business is home based and all of my utilities are in someone elses name. Upon completion of the award agreement, funds will be deposited into your account within 7 business days. 820 Grant Harris Rd. Most projects require a 50-40-10 split. Since 1998, LiftFund has provided over $68.7 million in capital and more than 4,300 business loans to East Texas small business owners and entrepreneurs, of which 81% are Black, Indigenous and People of Color (BIPOC), 65% are Low-to-Moderate Income individuals, 43% are women, and 24% are startups. We are thrilled to provide access to insightful case studies and reports, as well as host events such as our Learning Days and funder . Qualified businesses can obtain term loans (credit lines are not available) from $50,000 to $250,000 with interest rates of Prime + 4 to 6%. Apply now and a team member will review your information and documents to find a LiftFund product that fits your business goals and budget. If my revenue was less than $500,000 in either 2019 or 2020 but greater than $500,000 in the other year, am I eligible? Get resources to help you manage COVID-19 in your workplace. Small business applicants will be given priority if located in suburban and unincorporated areas. Accepted highly visible role to restructure and realign senior program that provided 1,600 meals daily (900 home . Were LiftFund. The Texas nonprofit LiftFund will administer the distribution of funds to applying organizations based on a transparent scoring system that will prioritize businesses and business owners in vulnerable areas as well as minority- and women-owned businesses.
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