imperial county business stabilization lending program checklist · 2020-05-18 · imperial county...

3
Imperial County Business Stabilization Lending Program Checklist The following information must be submitted with the County of Imperial Business Stabilization Lending Program loan application to ensure and verify all the necessary information is included, select all boxes that apply to your business. ALL APPLICATIONS MUST INCLUDE THE FOLLOWING ITEMS AT TIME OF SUBMITTAL: Application Current Business License IRS Form W-9 Employer's Quarterly Federal Tax Return dated December 31, 2019 Employer's Quarterly Federal Tax Return dated March 31, 2020 If selected, the loan applicant may be required to provide additional documentation including most recent tax returns, 941s, etc. Type of Business: Agriculture Manufacturing/Industrial Commercial Verification of Eligibility: For-profit and non-profit, independently owned local business Physical establishment within the County of Imperial Business in operation as of March 31, 2020 Have a verifiable hardship directly due to COVID-19 Funds to be used for short-term capital needs such as lease/mortgage payments, payroll, materials, supplies, services, etc. Business complies with the County’s non-discrimination policy Business is in good standing with the City/County as of February 1st, 2020 (e.g., current on utility bills, no liens or judgments, etc.) Certification: I CERTIFY that all statements in this application are true and complete. I agree and understand that any misstatements or omissions of material facts herein is grounds for immediate payback in full of any funds loaned through this program, and that the County of Imperial may use any means necessary to collect on this debt. Service Fictitious Name Filing (if applicable) Entity Documentation Partnership (Partnership Agreement), LLC (Article of Organization and By Laws), Corporation (Articles of Incorporation and By Laws) Non-Discrimination Form Not related to County Elected Officer or Administrator/Department Head/Employee/Similar

Upload: others

Post on 17-Jul-2020

1 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: Imperial County Business Stabilization Lending Program Checklist · 2020-05-18 · Imperial County Business Stabilization Lending Program Checklist. The following information must

Imperial County Business Stabilization Lending Program Checklist

The following information must be submitted with the County of Imperial Business Stabilization Lending Program loan application to ensure and verify all the necessary information is included, select all boxes that apply to your business.

ALL APPLICATIONS MUST INCLUDE THE FOLLOWING ITEMS AT TIME OF SUBMITTAL:Application Current Business LicenseIRS Form W-9Employer's Quarterly Federal Tax Return dated December 31, 2019

Employer's Quarterly Federal Tax Return dated March 31, 2020

If selected, the loan applicant may be required to provide additional documentation including most recent tax returns, 941s, etc.

Type of Business:Agriculture Manufacturing/Industrial

Commercial

Verification of Eligibility:For-profit and non-profit, independently owned local business Physical establishment within the County of ImperialBusiness in operation as of March 31, 2020Have a verifiable hardship directly due to COVID-19

Funds to be used for short-term capital needs such as lease/mortgage payments, payroll, materials, supplies, services, etc.

Business complies with the County’s non-discrimination policy

Business is in good standing with the City/County as of February 1st, 2020 (e.g., current on utility bills, no liens or judgments, etc.)

Certification:I CERTIFY that all statements in this application are true and complete. I agree and understand that any misstatements or omissions of material facts herein is grounds for immediate payback in full of any funds loaned through this program, and that the County of Imperial may use any means necessary to collect on this debt.

Service

Fictitious Name Filing (if applicable)Entity Documentation Partnership (Partnership Agreement), LLC (Article of Organization and By Laws), Corporation (Articles of Incorporation and By Laws)

Non-Discrimination Form

Not related to County Elected Officer or Administrator/Department Head/Employee/Similar

Page 2: Imperial County Business Stabilization Lending Program Checklist · 2020-05-18 · Imperial County Business Stabilization Lending Program Checklist. The following information must

Imperial County Business Stabilization Lending Program Application

Contact Information

Primary Contact Name

Primary Contact Email

Primary Contact Phone Number

Business Information

Legal Business Name

Business Address

City State

Zip Code Country

Primary Business Owner Name

Primary Business Address

City State

Zip Code Country

Please list the names and share of ownership of all other business owners:

Full Name of Owner Ownership Share

Type of Business Entity Primary Business Activity

Corporation (LLC, C-corp, S-corp) Agricultural

Partnership (LLP, joint venture) Manufacturing/Industrial

Individual/Sole Proprietorship Retail

Franchise

Non-Profit

Please describe your business. Enter up to 50 words. Include what the business produces and how it generates revenue.

Commercial

Page 3: Imperial County Business Stabilization Lending Program Checklist · 2020-05-18 · Imperial County Business Stabilization Lending Program Checklist. The following information must

I agree that any information submitted through this application may be: subject to disclosure under the California Public Records Act, subject to a loan agreement, and subject to a third party loan application review and fee.

Signature: Date:

Submit Applications may only be submitted electronically at [email protected] according to instructions at

www.co.imperial.ca.us. Application period opens Noon, Monday, May 18, 2020 and closes when funds are exhausted. Call (442) 265-1001 with questions.

Normal Business Hours Days of the week Hours of operation

Number of Full-Time Employees: Number of Part-Time Employees:

How many years has this establishment been in business?

Impact COVID-19

Please describe the business hardship that has resulted from COVID-19. Enter up to 150 words. Please address impacts on revenues, number of employees, modified business hours, etc. (verification may be required).

When did the hardship begin? Day: Month: Year:

What do you envision the impacts might be over the course of the next 30 days?

Financial Information

Federal Tax ID (EIN) Business License Number

Total 2019 Business Revenue $ Monthly Payroll $

Amount of Monthly Rent or Mortgage $

Does the business or owner have any outstanding liens or judgments? Yes No

Is the business or business owner currently the subject of any litigation? Yes No

Loan Information

Requested Loan Amount:

Disclosure of Information

The County of Imperial understands and supports the public’s right to access public records. Information submitted through this application is a public record and is subject to disclosure under the California Public Records Act (PRA). In addition, the County of Imperial may be required to disclose information by subpoena, civil-investigative demand, or court-ordered or court-authorized discovery.

** By submitting this application, applicant certifies that all information is true and correct. Applicant acknowledges that they may be required to provide additional documentation including most recent tax returns, 941s, credit report, lease agreement, etc.