Business and Community Lenders (BCL) of Texas has announced the second phase of Pflugerville Cares, a grant program to provide rapid financial assistance to small businesses located in the City of Pflugerville that have been adversely affected by the COVID-19 pandemic.
Sponsoring Agency: BCL of Texas
Type of Fund: Grant
Deadline Available: Available
Deadline Date (mm/dd/yyyy): 06/30/2022
Size of the Fund: Less than USD $50,000
Business and Community Lenders (BCL) of Texas has announced the second phase of Pflugerville Cares, a grant program to provide rapid financial assistance to small businesses located in the City of Pflugerville that have been adversely affected by the COVID-19 pandemic.
Funding Information
Funding is distributed on a tiered basis depending on the number of employees. Maximum funding amounts are as follows:
- Tier 1: Applicants with 0 to 14 full-time equivalent employees may qualify for up to $25,000
- Tier 2: Applicants with 15 to 40 full-time equivalent employees may qualify for up to $50,000
- Tier 3: Applicants with 41 or more full-time equivalent employees may qualify for up to $75,000
Eligible Expenses:
- Machinery and equipment
- Payroll expenses
- Vendor and Supplier payments
- Rent, lease, or mortgage payment for real property used for business purposes
- Utility (gas & electric only) payments for business properties
- Personal Protective Equipment (PPE) and/or sanitation supplies and equipment
- Improvements to business location to accommodate COVID‐19 sanitation requirement, distancing, drive up windows, temporary closure materials, and employee testing
- Business Equipment – Rent, lease, or purchase payment for business equipment such as delivery vehicles, food truck, kitchen equipment, technology, communications systems, Point of Sale equipment
- New or expanded technology applications, software, and Wi‐Fi services
- Marketing and advertising expenses due to COVID‐19
- Reestablishment of brick-and-mortar presence in the City of Pflugerville
Eligibility Criteria
- For-profit businesses operating since March 1, 2019, and still in business at the time of the application submittal, and that intend to remain open indefinitely
- Business located within the City of Pflugerville city limits
- Must have a Social Security Number (SSN), Employer Identification Number (EIN) or Individual Taxpayer Identification Number (ITIN).
- Must demonstrate a loss of at least 25% of gross income for the period beginning March 3, 2021 through December 31, 2024 due to negative impact related to the COVID‐19 pandemic.
- Must have filed business tax returns for tax years, 2019, 2020, and 2021. If taxes have not been filed for 2021, a copy of a filed extension must be provided along with interim financial statement (profit and loss, balance sheet).
- Applicant Business is current with property taxes and City fees or has a payment plan in place with County and/or City as of March 3, 2021.
More information at: https://bcloftexas.org/pcares
Eligible Countries:
United States
Business Categories:
Business, COVID-19 Response, Small and Medium Enterprises, Recovery and Relief
