Tom Green County American Rescue Plan Act (ARPA) Grant Program

UPDATE: The interest form to apply for the program will close on 7/29/2022 at 12pm CT, after which no new invitations will be sent out. The application on LenderFit will remain open until 7/31/2022 at 11:59pm CT.

If you have already applied or inquired about applying for the program, please check the LenderFit platform for instructions. If you have not applied for the grant or have questions about the program, please submit this intake form: https://peoplefund.org/tom-green-arpa-grant-program-interest/.

SECOND ROUND:

  • Total amount of funds available are $355,000 and award amounts are as follows:
    • Total 2021 annual revenue of $25,000- $250,000 is eligible for a $5,000 grant
    • Total 2021 annual revenue of $250,001 – $1,000,000 is eligible for a $10,000 grant

APPLICATION PROCESS AND TIMELINE

  • 7/15/2022-7/29/2022: Applications are accepted
  • 7/29/2022: Application closes at 5pm CT
  • 8/1/2022-8/15/2022: PeopleFund evaluates applications and collects missing documents
  • 8/16/2022: All applicants are notified of their approval status
  • 8/31/2022: Fund disbursed for second round of approvals

**Award decisions will not be made until the application has closed. Please do not contact PeopleFund for a status update on your application, all status updates will be provided within the application platform on dates listed.

ELIGIBILITY (changes are in bold)

  • Business must have been in operation on or prior to 1/1/2020
  • Business must be located within Tom Green County. Businesses not located within Tom Green County are disqualified.
  • Applicant must have annual revenue of at least $25,000, and no more than $1,000,000 in 2021.
  • Applicant must have experienced a reduction in revenue or net profit margin of at least 10% since March 2020 that was a result of the COVID-19 pandemic.
  • Applicant must provide signed IRS W-9 form and a business TIN, EIN or SSN.
  • Applicant must verify that they are not involved in any litigation against Tom Green County
  • Applicant must verify that as of January 2021 they were not in arrears on any existing Agreement nor defaulted on a previous Agreement with Tom Green County
  • Applicant must verify that they are not debarred, suspended, terminated, or otherwise excluded from (or ineligible to) transact with a federal, state, or local government entity or agency
  • Applicant must verify that as of January 2021 they were not delinquent on taxes due to Tom Green County
  • Applicant must not be involved in any ineligible business activity: non-profit, adult entertainment, gambling or gaming, real estate investment or passive real estate income, or anything deemed federally illegal

DOCUMENTS REQUESTED

This application requires that you upload certain documents to verify your eligibility and to determine grant need. The documents you will need to have ready are as follows:

  • Your Texas ID
  • Secretary of State business filing or Assumed Name certificate (DBA), if you are formally registered
  • Profit and Loss statement for 2021 (or 2021 tax return, if available)
  • 2019 and 2020 business tax returns in full

____________________________________________________________________________________________________________________________

FIRST ROUND:

Tom Green County is partnering with PeopleFund to provide financial relief to small businesses in Tom Green County impacted by the COVID-19 crisis. The program will provide grants of $5,000-10,000 to small businesses eligible under the program.

Total amount of funds available are $500,000 and award amounts are as follows:

  • Total 2021 annual revenue of $50,000- $250,000 is eligible for a $5,000 grant
  • Total 2021 annual revenue of $250,001 – $750,000 is eligible for a $10,000 grant

Please note that you are eligible for the Tom Green County ARPA Grant even if you received the San Angelo CARES Small Business Grant in 2021.

APPLICATION PROCESS AND TIMELINE

  • 6/1/2022: Application opens
  • 6/1/2022 – 6/15/2022: Applications are accepted
  • 6/15/2022: Application closes
  • 6/15/2022 – 7/7/2022: Applications are evaluated
  • 7/8/2022: All awardees are notified of their approval status
  • 7/29/2022: All grant money is dispersed

**Award decisions will not be made until the application has closed. Please do not contact PeopleFund for a status update on your application, all status updates will be provided within the application platform on dates listed.

ELIGIBILITY

  • Business must have been in operation on or prior to 1/1/2020
  • Business must be located within Tom Green County. Businesses not located within Tom Green County are disqualified.
  • Applicant must have annual revenue of at least $50,000, and no more than $750,000 in 2021.
  • Applicant must have experienced a reduction in revenue of at least 15% since March 2020 that was a result of the COVID-19 pandemic.
  • Applicant must provide signed IRS W-9 form and a business TIN, EIN or SSN.
  • Applicant must verify that they are not involved in any litigation against Tom Green County
  • Applicant must verify that as of January 2021 they were not in arrears on any existing Agreement nor defaulted on a previous Agreement with Tom Green County
  • Applicant must verify that they are not debarred, suspended, terminated, or otherwise excluded from (or ineligible to) transact with a federal, state, or local government entity or agency
  • Applicant must verify that as of January 2021 they were not delinquent on taxes due to Tom Green County
  • Applicant must not be involved in any ineligible business activity: non-profit, adult entertainment, gambling or gaming, real estate investment or passive real estate income, or anything deemed federally illegal

DOCUMENTS REQUESTED

This application requires that you upload certain documents to verify your eligibility and to determine grant need. The documents you will need to have ready are as follows:

  • Secretary of State business filing or Assumed Name certificate, if you are formally registered
  • Profit and Loss statement for 2021, separated by quarter
  • 2019 and 2020 business tax return in full

_________________________________________________________________________________________________________________________

On May 13th and 20th, PeopleFund, Tom Green County, and the San Angelo SBDC hosted webinars (in English and Spanish, respectively) to review the eligibility criteria, demo the LenderFit platform, and answer questions from participants about the program. Please see below for the recordings:

Tom Green County American Rescue Plan Act (ARPA) Grant Program

Meeting Recording:

https://us02web.zoom.us/rec/share/fg6HhSqZq5PVYZ2vM90Xz67YLcQckTirqZzP1jRirK1rLcMmPIOgfFw90ijX8YY.tHN-K-AmsHPN6cKL

 

Programa de Subvenciones ARPA (American Rescue Plan Act) del Condado de Tom Green

Meeting Recording:

https://us02web.zoom.us/rec/share/APCJxbCc4BXwMejP_cUg4Ff8I2IIglmfM8p5gYgQuEGL0VIgbCnZApbm6GqG9_A7.aiOzvAUnIm3VwdVC