Home More News Now Accepting Applications for Small Business Relief Grant

Now Accepting Applications for Small Business Relief Grant

The City of Holly Springs has established the Small Business Relief Grant to assist businesses of up to 50 employees with various operational and overhead expenses.  The program will be funded by way of a portion of the City’s disbursement of funding via the Coronavirus Aid, Relief and Economic Security (CARES) Act of 2020. These funds are intended to be used by local businesses to deal with the impacts of COVID-19 from March 1, 2020 – July 31, 2020. The maximum grant amount per applicant shall not exceed $5,000. The deadline for submissions is August 26, 2020 at 5 p.m. (Including mail-in applications.)

ELIGIBILITY

  • Business must be an existing for-profit corporation, partnership, or sole proprietorship.
  • Business must be a commercial business located within the City limits of Holly Springs, with a current Occupational Tax Certificate.
  • Business must be current on all taxes.
  • Business must have 50 or fewer full-time equivalent, W-2 employees (PT employees are counted at a rate of .5).
  • Business must have been in continuous operation for a minimum of 1 year prior to March 13, 2020.
  • Ineligible Businesses Include: Multi-Level Marketing Organizations, Real Estate Investment Firms (REITS), and home-based businesses.

Please see Required Document Checklist below for additional items needed to be considered eligible.

APPLICATION PROCESS
Grants will be administered on a first-come first-served basis. All applications will be reviewed by City. Incomplete applications will not be considered. The deadline for submissions is August 26, 2020 at 5 p.m. (Including mail-in applications.)

Applications may be submitted in person or by mail to:
City of Holly Springs
Attn: Small Business Relief Grant
3237 Holly Springs Pkwy.
Holly Springs, GA 30115

 

Required Document Checklist:
Please ensure that all documents below are included with your application. Applications that do not have all required documents included in their application will be disqualified.

  • Completed Grant Application Form and Memorandum of Understanding
  • Copy of 2019 business income tax return (IRS Forms accepted include: 1120, 1120S, 1065, Schedule C or Schedule F) or company financial statements including 2019 Balance Sheets and Profit & Loss Statements
  • Q4 2019 & Q1 2020 941 IRS forms (with the exception of sole proprietors with no employees)
  • Copy of Certificate of Organization and Certificate of Existence from Georgia Secretary of State (with the exception of sole proprietors)
  • E-Verify Application
  • SAVE affidavit
  • W-9 Form

If you have questions, please contact Erin Honea at ehonea@hollyspringsga.us or at 770-345-5536.