What is the law?
The Energize Colorado Gap Fund will provide more than $25M in LO ANS e concede a pequenas empresas que foram impactadas pelo covid-19. Empresas elegíveis com menos de 25 TIM completo E Os funcionários podem solicitar até US $ 15.000 e A Empréstimo de até US $ 20.000 | Aplicações e prêmios wfor a total of $35,000 in financial assistance. Applications and awards w Eu será feito em rodadas para permitir que a Autoridade de Habitação e Finanças do Colorado (CHFA) para prestar assistência até dezembro de 2020. Registros, recibos de ponto de venda, declarações de lucro e perda ou outros documentos demonstrando danos econômicos. The types of economic hardships that qualify for assistance through this program include:
How does a business show it’s been impacted?
Businesses need to demonstrate and clearly articulate through writing the economic hardship their business is experiencing through the business’s choice of documents such as bank records, point of sale receipts, profit and loss statements, or other documents demonstrating economic harm. The types of economic hardships that qualify for assistance through this program include:
- Loss of revenue due to the COVID-19 public health emergency associated with a stay at home order
- Loss of revenue due to the COVID-19 public health emergency associated with a voluntary closure of the business to promote social distancing measures
- Loss of revenue due to a decrease in customer demand due to the CoVID-19 Emergência de saúde pública
- Custos aumentados para operar os negócios devido à emergência de saúde pública CoVID-19
Qual é o tempo de lançamento? Primeiro a pena o primeiro serviço, será um processo competitivo que ajudará as empresas mais impactadas e a maioria necessitada a receber acesso prioritário à assistência. Prevê -se que as taxas de juros sejam muito baixas a uma taxa inicial nos primeiros 12 meses de 1% e depois 1,5% depois disso. Não há penalidade de pré-pagamento
On Monday, August 31, 2020, this page will host an online Energize Colorado Gap Fund application.
The process will not be first-come-first-serve, it will be a competitive process that will help the businesses most impacted, and most in need receive priority access to assistance.
The loans will have a maturity date in the future of 24 to 36 months with up to a 4-month payment deferment. The interest rates are anticipated to be very low at an initial rate for the first 12 months of 1% and then 1.5% after that. There is no prepayment penalty
Quais despesas comerciais podem ser pagas com uma concessão ou empréstimo da Energize Colorado? Medidas
Grants may be used to reimburse lost revenue during the COVID-19 public health emergency due to:
- A stay at home order
- Voluntary closure of the business to promote social distancing measures
- Uma diminuição na demanda do cliente
- Custos aumentados para operar o negócio.
The use of loans must be agreed upon in advance with the lender but some examples include:
- Payroll costs including premium pay and overtime related to the COVID-19 pandemic
- Increased workers compensation cost due to the COVID-19 pandemic
- Programs and supplies to implement COVID-19 social distancing and safety measures
- Training to mitigate the impact for employees furloughed due to COVID-19
Sua concessão ou empréstimo não pode ser gasto em:
- Despesas que foram ou serão reembolsadas em qualquer outro programa federal
- impostos || ASSISTE? Entende -se que certas tarefas são deixadas de lado em momentos como esse, mas Rasi priorizará suas necessidades para garantir que suas demonstrações financeiras recebam a atenção necessária. Solicitação para a equipe de conformidade de Rasi ou um e -mail para
- Capital Purchases or Construction (Capital purchases are defined as expenses greater than $25,000 with a usable life of five years or more)
How can RASI assist?
When gathering documents to demonstrate the business impacts of COVID-19 RASI is here to help polish up, reconcile, or even make adjustments to your profit and loss statement that you have meant to get to for months now. It is understood that certain tasks get pushed aside in times like this but RASI will prioritize your needs to ensure your financial statements get the attention needed.
This document covers the main points of the Energize Colorado Gap Fund but a long list of FAQs that covers a wide range of topics.
If you have any questions please send a support request to RASI’s Compliance Team or an email to [email protected]. Orçamento.
