Per the SLFRF Final Rule, businesses funded through ARPA must have a COVID Impact to qualify. Almost every business that was operating during covid can demonstrate a COVID Financial Impact in some way. If you have any questions about this eligibility criteria, please feel free to reach out and we can help guide you appropriately based on your specific situation.
Your business may qualify as part of a "Presumed Impacted" Group:
- Location in specific census-designated areas
- Business Type identified as one of the Most Impacted Business Sectors
- Business Owner identified as one of the Highest Impacted Business Communities
- Other Categorically Eligible criteria
Your business may qualify based on demonstrated financial impact:
Business Tax Returns and/or other financial documents may be required for verification purposes. Any combination of 2019 - 2023 that will show impact may be acceptable.