OVERVIEW

The Durham Small Business Recovery Fund may be used to cover the day-to-day operating expenses of businesses located in Durham. Up to $10,000 is available to each applicant until funding sources are depletedSmall businesses may qualify for this program if they meet the qualifications.

APPLICATION PROCESS:
  • You may only apply for one business.
  • You must complete the application in its entirety to apply for this program. Unfortunately, you will not be able to save your work in this application or edit it after it has been submitted for review. 
  • We are unable to accept faxed, postal mailed or emailed documents or applications for this program.
  • Please be sure to remove all passwords and/or security features from the documents that you upload in this online application. Documents with password protection on them cannot be processed and will disqualify you from the program.
  • Applications which do not have all of the required documentation and/or information will automatically be disqualified.

List of required documents and information (PDF and JPEG (.jpg) are acceptable formats). Each individual file must be less than 15MB. Please follow this link to learn more about reducing your file size if necessary.
  1. Statement describing how COVID-19 has adversely impacted the business
  2. Most recently completed & filed business tax returns (2018 tax returns are mandatory, 2019 are optional)
  3. Payroll documentation or quarterly unemployment insurance filing
  4. Your full social security number (SSN) and EIN/TIN, which will be used to pull your credit report and verify your business
  5. Your business's NAICS code
  6. Monthly sales revenue for each month January-June 2020 (you may provide a point-of-sale report, Excel spreadsheet/ledger or other report from business accounting software)
  7. Completed ACH form with your banking information including your routing, checking account numbers, and a copy of a voided check
  8. Copy a valid/unexpired driver's license or government-issued ID for all owners on the application.
  9. Most recent personal tax returns for all owners on the application.

When you have gathered this information, please click the "Next" button below to proceed with the application.

PRE-QUALIFICATION

Please answer the following question(s) accurately. 





By answering Yes, you agree that the applicant entity will, upon our request, provide such information as may be needed to demonstrate proof of this certification.






DISQUALIFICATION NOTICE
We're sorry. Unfortunately, you do not qualify for this program. Please visit our website www.carolinasmallbusiness.org to learn about other opportunities which you may qualify for.

DO NOT PROCEED WITH THIS APPLICATION. 

BUSINESS INFORMATION

Please provide the following information about your business:



Please enter this information without dashes or special characters

Please include any suite numbers/letters





Please enter date as MM/DD/YYYY




BUSINESS ACTIVITY INFORMATION

Please provide additional information about your business. 

Please select the industry that best represents the applicant's primary line of business: 
Search by NAICS number or industry keyword




Please enter the total monthly sales revenue for your business for each month January-April 2020. 

Please enter only numbers and a decimal point such as 123.00. Do not enter any special characters such as $ or , If you have negative numbers (-123.00), please enter "0" for this value.

This file must be less than 15MB.

Please enter only numbers and a decimal point such as 123.00. Do not enter any special characters such as $ or , If you have negative numbers (-123.00), please enter "0" for this value.

This file must be less than 15MB.

Please enter only numbers and a decimal point such as 123.00. Do not enter any special characters such as $ or , If you have negative numbers (-123.00), please enter "0" for this value.

This file must be less than 15MB.

Please enter only numbers and a decimal point such as 123.00. Do not enter any special characters such as $ or , If you have negative numbers (-123.00), please enter "0" for this value.

This file must be less than 15MB.

Please enter only numbers and a decimal point such as 123.00. Do not enter any special characters such as $ or , If you have negative numbers (-123.00), please enter "0" for this value.

This file must be less than 15MB.

Please enter only numbers and a decimal point such as 123.00. Do not enter any special characters such as $ or , If you have negative numbers (-123.00), please enter "0" for this value.

This file must be less than 15MB.

BUSINESS OWNERSHIP


















PRIMARY OWNER

PRIMARY BUSINESS OWNER'S INFORMATION
Please provide the information below as the primary applicant (ownership greater than 51%).





Please enter 9-digit number with no (-) dashes.

Please enter 9-digit number with no (-) dashes.








PRIMARY BUSINESS OWNER'S DEMOGRAPHIC INFORMATION
The following information is requested as an effort to further understand the needs of small business owners. You are not required to furnish this information, but you are encouraged to do so. 
If you do not wish to furnish the following information, select the 'Decline to State' option.
Carolina Small Business Development Fund does not discriminate on the basis of this information, nor on whether you choose to furnish it.  





ADDITIONAL OWNER INFORMATION
Please provide information for you other business owners:





Please enter 9-digit number with no (-) dashes.

Please enter 9-digit number with no (-) dashes.








ADDITIONAL BUSINESS OWNER DEMOGRAPHIC INFORMATION
The following information is requested as an effort to further understand the needs of small business owners. You are not required to furnish this information, but you are encouraged to do so. 
If you do not wish to furnish the following information, select the 'Decline to State' option.
Carolina Small Business Development Fund does not discriminate on the basis of this information, nor on whether you choose to furnish it.  





ADDITIONAL OWNER INFORMATION
Please provide information for you other business owners:





Please enter 9-digit number with no (-) dashes.

Please enter 9-digit number with no (-) dashes.








ADDITIONAL BUSINESS OWNER DEMOGRAPHIC INFORMATION
The following information is requested as an effort to further understand the needs of small business owners. You are not required to furnish this information, but you are encouraged to do so. 
If you do not wish to furnish the following information, select the 'Decline to State' option.
Carolina Small Business Development Fund does not discriminate on the basis of this information, nor on whether you choose to furnish it.  





ADDITIONAL OWNER INFORMATION
Please provide information for you other business owners:





Please enter 9-digit number with no (-) dashes.

Please enter 9-digit number with no (-) dashes.








ADDITIONAL BUSINESS OWNER DEMOGRAPHIC INFORMATION
The following information is requested as an effort to further understand the needs of small business owners. You are not required to furnish this information, but you are encouraged to do so. 
If you do not wish to furnish the following information, select the 'Decline to State' option.
Carolina Small Business Development Fund does not discriminate on the basis of this information, nor on whether you choose to furnish it.  





ADDITIONAL OWNER INFORMATION
Please provide information for you other business owners:





Please enter 9-digit number with no (-) dashes.

Please enter 9-digit number with no (-) dashes.








ADDITIONAL BUSINESS OWNER DEMOGRAPHIC INFORMATION
The following information is requested as an effort to further understand the needs of small business owners. You are not required to furnish this information, but you are encouraged to do so. 
If you do not wish to furnish the following information, select the 'Decline to State' option.
Carolina Small Business Development Fund does not discriminate on the basis of this information, nor on whether you choose to furnish it.  





BUSINESS BANKING INFORMATION

Please enter your bank account information. Funds will automatically be transferred to this account in the event you are awarded the grant. If you are not selected as a recipient of grant funds, we will destroy this information. Please note: we are unable to contact you to verify this information before we disburse grant funds. Please ensure that this information is accurate and complete. 
Payment Information
Please enter the contact information for the applicant's business bank account. This should be someone we can reach if we have questions.



Please enter the contact information of the banking institution where the applicant's business bank account is located. If you are unsure, enter the information for the branch where you make deposits.






Enter the routing information for the above bank account. We ask you to enter routing information twice to verify the data. If you are unsure of where to locate the routing number, please see this example.


Enter the routing information for the above bank account. We ask you to enter routing information twice to verify the data. If you are unsure of where to locate the routing number, please see this example.




Must be one of the following file formats: gif, jpg, jpeg, png, pdf
Authorization 
Please read the below statements carefully. Before submitting the application, you must e-sign with your mouse (if on a computer) or with your finger (if on a tablet or cell phone). By signing the application, you indicate you have read/agreed to the below and that this agreement is in effect as of the signed date.

Deposit of Grant Proceeds 
If approved, I (we) hereby authorize Carolina Small Business Development Fund to deposit all proceeds for which I (we) are approved at the financial institution named above. I (we) acknowledge that Carolina Small Business Development Fund cannot be held responsible if I (we) have provided incorrect bank information, and that incorrect information may substantially impede the processing time of any disbursements. 

DOCUMENT UPLOADS

Please upload your required documents to the applicable fields.
  • Please do not upload password-protected documents.
  • Each individual file must be less than 15MB. Please see the links below for tips on reducing our file size.
    • How to compress PDFs and make them smaller

Note: documents that are not uploaded correctly, or are not accessible will prevent us from processing your application.
COMPANY DOCUMENTATION




OWNER 1 DOCUMENTATION

Must be one of the following file formats: gif, jpg, jpeg, png, pdf

Your personal tax return will not be used in the process to determine your eligibility for a grant award. It will be used to provide summary reports on the income level of the applicant pool.
OWNER 2 DOCUMENTATION

Must be one of the following file formats: gif, jpg, jpeg, png, pdf

Your personal tax return will not be used in the process to determine your eligibility for a grant award. It will be used to provide summary reports on the income level of the applicant pool.
OWNER 3 DOCUMENTATION

Must be one of the following file formats: gif, jpg, jpeg, png, pdf

Your personal tax return will not be used in the process to determine your eligibility for a grant award. It will be used to provide summary reports on the income level of the applicant pool.
OWNER 4 DOCUMENTATION

Must be one of the following file formats: gif, jpg, jpeg, png, pdf

Your personal tax return will not be used in the process to determine your eligibility for a grant award. It will be used to provide summary reports on the income level of the applicant pool.
OWNER 5 DOCUMENTATION

Must be one of the following file formats: gif, jpg, jpeg, png, pdf

Your personal tax return will not be used in the process to determine your eligibility for a grant award. It will be used to provide summary reports on the income level of the applicant pool.