SO CARES COVID19 Small Business Grants

Jackson County
Josephine County
About

Medford, Oregon – Southern Oregon Regional Economic Development, Inc. (SOREDI) is pleased to announce that additional COVID-19 Emergency Business Grants are available now throughout Jackson and Josephine Counties. Time is limited for the deployment of an additional $3.6M in the region. Businesses are urged to apply today. $2.4M of this funding is allocated to Jackson County. $1.1M of this funding is allocated to Josephine County.

The purpose of the program is to provide financial assistance to small businesses adversely affected by economic conditions associated with the COVID-19 pandemic. These new grant funds are available in all 36 Oregon counties through a $55 million allocation made by the State of Oregon.

JACKSON COUNTY: Applications opened Friday, December 4 at 12 pm PST and closed on 12/29 at 12 pm. Not all applications will be funded.

JOSEPHINE COUNTY: Josephine County applications opened 12/5/20 at 12 pm. As of 12/15/20 at 12 pm, applications for Josephine County are closed. 

Applications will be accepted until funding is exhausted or 12 pm PST on Tuesday, December 29, whichever comes first. Only COMPLETE applications, with all required documentation, will be considered.

These funds are intended to be equally accessible to all businesses including the historically disadvantaged population groups (Asian, Black, Hispanic, Native American, and Women-owned businesses). Application preference will be given those who are currently closed Executive Order.

ELIGIBILITY

**APPLICATIONS ARE NO LONGER BEING ACCEPTED**

Eligible Businesses
  • -Have 100 or fewer employees
  • -Are headquartered in and have principal operations in Jackson or Josephine County
  • -Are actively registered with the Oregon Secretary of State (if required to do so)
  • -For Profit and 501c3 entities
  • -Are current on all Federal, State, and local taxes
  • -Are currently open or in the process of reopening, or currently closed by Executive Order.
  • -Incurred necessary expenditures due to the COVID19 pandemic
  • -Business revenues for 2019 exceeds the total of 2020 business revenues and all COVID-19 related income assistance (such as grants, PPP and EIDL)
  • -Have annual gross revenues of at least $10,000
Ineligible Businesses
  • -Real estate related (example: holding companies, realtors, vacation rentals)
  • -Nonprofits that do not have a 501(c)(3) status
  • -Any businesses that do not comply with all federal, state, and local laws and regulations
  • -Businesses that are delinquent on federal, state, or local taxes that were due on or before the date of the application
  • -Any business that has closed and does not intend to reopen
  • -Businesses that experience a decline in revenues for reasons other than those caused by the COVID-19 pandemic (e.g. seasonal or cyclical business cycles)
  • -Any business whose 2020 revenues plus all COVID-19 grant funding exceeds its 2019 revenues

 

Jackson County applications opened 12/4/20 at 12 pm and closed 12/29/20 at 12 pm.

As of 12/4/20 at 6 pm, the application response has been overwhelming. Not all applications will be funded.

As of 12/7/20 at 10:30 am, new appointments are closed. Appointments scheduled prior to this time will be honored.

Josephine County applications opened 12/5/20 at 12 pm. As of 12/15/20 at 12 pm, applications for Josephine County are closed. 

 

 

Documentation needed to apply:

  1. Secretary of State printout verifying current status
  2. Copies of all Cares Act Funding (PPP, EIDL, CDBG and Matching Grants)
  3. 2019 Profit and Loss Statement (FYE 12/31)
  4. 2020 Profit and Loss Statement (YTD 11/30)
  5. Quarterly Payroll Report (Form 132 for 6 or more employees; Form OQ Oregon Quarterly Tax report if not required to file Form 132)
  6. W9
  7. NAICS Code (lookup here)

 

Due to the amount of potential grant awards and short timeframe, SOREDI staff is NOT able to accept questions by phone.

FREQUENTLY ASKED QUESTIONS

What documents do I need?

You'll need to have these documents on hand and ready to upload. We recommend you complete the application on a PC or laptop, not a mobile phone. 

  • -Employer Identification Number (EIN)
  • -Quarterly Payroll Report for ONE of these periods: Q4 2019, Q1 2020, Q2 2020, Q3 2020 (Form 132 for 6 or more employees; Form OQ Oregon Quarterly Tax report if not required to file Form 132)
  • - 2019 profit and loss statement (FYE 12/31/19)
    - 2020 profit and loss statement (YTD 11/30 or date of application)
    - PPP documents and/or proof of disbursement (if applicable)
    - EIDL documents and/or proof of disbursement (if applicable)
    - Other grant documents and/or proof of disbursement (if applicable; example: matching grants)
    - Proof of active business status (look up here)
  • -NAICS code (look up here)
  • - Completed W9 (blank form)
I received other COVID funding. Am I still eligible?

Yes, you may still be eligible. 

If Total CARES + (FTE x $10,000) is greater than 2019 gross revenues, you are a good candidate for this program. 

During application, you will be required to disclose and submit proof of all other CARES funding received to date. We will verify amounts and calculate an award amount based on the documentation provided. 

Note: Jackson County reserves the ability to review and/or revise the award calculation at any time based on the number of requests received and funding availability. Awards may be capped if there is an overwhelming demand. 

I am on a wait list. Do I need to reapply?

Yes. This is a different pool of funding than the matching grants, with different requirements. You must reapply. 

How are awards calculated?

 Calculation

Award is the lesser of:

  1. $10,000* x FTE
  2. 2019 Income – (2020 Income + CARES)

*Subject to change based on the number of applications received and funding availability.

Application preference will be given to those who are currently closed Executive Order. Any awards over to $100,000 may be subject to additional review and/or documentation requirements. Awards may be capped if there is an overwhelming demand. 

Definitions

FTE = total verified quarterly payroll hours, divided by 455, rounded to the nearest whole number

2019 Income = 2019 gross revenues (calendar year ending 12/31)

CARES Act Funding = the combined amount of any funding awarded to date through the CARES Act, including PPP, EIDL, CDBG, and/or matching grant funds.

When will I hear back?

Applications will be accepted from December 2 to December 29 at 12 pm PST, or until funds are exhausted. 

If you submitted a complete application, you will receive an emailed status update from SOREDI no later than January 5. Due to the anticipated volume of responses, we ask that you wait until this date to request updates-- every inquiry delays our ability to process and approve applications. 

I am not good with computers. What do I do?

We are happy to schedule an appointment to assist. We are scheduling phone or in person sessions in 20 minute increments. Due to COVID, in-person sessions are severely limited. 

As of 12/15, appointments are at capacity and are no longer being scheduled. 

I have more questions. Who do I contact?

To schedule an appointment, please click here or call our office at 541-773-8946. 

Due to the high volume of inquiries and grant applications, we are unable to provide grant updates over the phone. 

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