In an effort to assist local small businesses struggling during the COVID-19 crisis, Berks County is offering a Small Business Restart Grant (SBRG) Program with up to $1,800,000 available in grants to area small businesses struggling to pay bills and maintain payroll during the shutdown.
The application period will run June 29 — July 17, 2020.
Applications are currently available on the Neighborhood Housing Services of Greater Berks website until Friday, July 17.
Applicant Eligibility Requirements:
Small business owners in Berks County who meet eligibility requirements can submit an application for a grant from $2,500–$10,000.
Only small businesses within Berks County and outside the City of Reading may apply for the SBRG Program. Small businesses within the City of Reading have a separate loan program specifically for city businesses and powered by the Community First Fund. The Reading Small Business Emergency Fund’s application period closed on Wednesday, June 10.
Helpful information and resources for reopening businesses can be found on the Do Your Part Berks website including:
SBRG Application Checklist:
Before you apply for this grant program, kindly collect, organize, and label all required documents. If you have all of your documents, the application process will be easier and less time-consuming to finish and submit electronically or in-person.
Please complete the online grant program application through the Neighborhood Housing Services of Berks County website and upload or hand-deliver the following required documents:
Copy of most recently filed Business Tax Return;
2020 Year-to-Date (YTD) by month profit and loss statement;
Submit an employee form for at least one (1) low-to-moderate income (LMI), full-time equivalent (FTE) employee that you intend to retain, which may include both full-time or part-time employees: To retain an employee, please complete the Employee Staffing Form;
Business Owner(s) statement that describes and explains how your business suffered and/or experienced economic hardship by the COVID-19 pandemic (Please limit your response to 250 words);
Permission to check the credit history, credit bureau ratings, and/or FICO scores of the business’ owner(s).
Copy of your current and valid business license; and
Copy of all federal, state, and local business financial assistance received (e.g., approval letters, loan documents, etc.) to reopen and restart business operations due to COVID-19. NOTE: Attach/upload electronically or submit copies in-person of funding assistance received (e.g., from business insurance, FEMA, SBA, private loan, line of credit, charitable institution funding sources, etc.) with your required SBRG Program application documents.
In summary, all submitted materials will be used to determine the business’ eligibility for grant funding. Only complete applications will be considered for a grant decision.
Questions? Email SBRLBerkscty@nhsgb.org.