$ 1 Million Cash Relief for Kent Small Businesses

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One Hundred Dollar Bill With Medical Face Mask on Benjamin Franklin.

The City of Kent is committed to its small business community and successful recovery from the impacts of COVID-19. The City Council authorized the use of $1 million of its federal CARES Act funds for Emergency Relief Grants to help businesses recover.

Grant Application Portal Now Open!

Application window is Monday, July 13, 10 a.m. through Sunday August 9,  8 p.m.

Program Details which can be also found here  https://www.kentwa.gov/doing-business/c19-business-grants? are

$1,000,000 in grants for eligible businesses

Grant awards are $4,500

To remain impartial, the grant program will be administered by Craft3, a third-party Community Development Finance Institution, which will manage the application intake, evaluation, selection and grant dispersal.

If awarded, grant recipients must submit a W-9.

Grant funds may be taxable income; please consult with your financial advisor for guidance. A 1099 will be issued to grant recipients as required by the IRS no later than January 2021.

To be eligible, businesses must:

Be a for-profit business physically located within the Kent city limits

Be negatively impacted by COVID-19 closures and interruptions

Have no more than 15 full-time employees

Have been in business for at least two (2) years as of June 30, 2020

Have gross annual revenues of $1.5 million or less

Have a current City of Kent Business License and not be delinquent in payment of taxes or fees owned to the City of Kent as of December 31, 2019.

If closed due to government mandates, the business intends to reopen when allowed under Washington’s Safe Start plan

Not be involved with the production, processing, promotion, distribution, or sale (wholesale or retail) of marijuana and cannabinoid products, concentrates, or extracts

Have no owner, officer, partner, or principal actor of the business who is currently employed by City of Kent or who is an immediate family member (spouse, sibling) of a current City of Kent employee

Have no owner, officer, partner, or principal actor of the business involved with financial mismanagement. This includes the business owner(s) with any conviction(s) for financial crimes within the last three years, with “business owner” defined as managing members or officers

Not currently in bankruptcy

Complies with CARES Act provisions

Application Process

Confirm your eligibility (see eligible businesses above)

Complete the online application by the August 9, 8 p.m. deadline

Applicants will be notified about grant decisions in mid-August, 2020

Grants will be distributed by automatic deposit (ACH) or check payment

Do you need help completing your Grant Application?

FREE Language Assistance and Support Available from our Valued Community Partners – See this page for translated application reference materials and contact information for our multi-lingual partners.

Green River College Small Business Center – Provides assistance with application completion as well as no cost, one-on-one advising to help your business succeed.

Kevin Grossman, Certified Business Advisor

kgrossman@GreenRiver.edu

253-520-6263

You may also reach out to these additional sources of support for assistance with with your application:

Kent Chamber of Commerce

info@KentChamber.com

253-854-1770

Kent Downtown Partnership

info@KentDowntown.org 

253-813-6976

Seattle Southside Chamber of Commerce

Staff@SeattleSouthsideChamber.com

206-575-1633

 City of Kent

BusinessGrantHelp@KentWA.gov 

253-856-6419 (Due to staff working remotely, messages on this line will be checked twice daily, with calls returned the next business day.)

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