Funds being administered by CSBDF can only go to applicant entities whose business names begin with the letters “L” through “Z”.

If the entity’s name begins with “A” through “K”,  please apply through the application portal administered by our partners at the Institute.


Historically Underutilized Businesses (HUB) are vital to the community and economy in North Carolina. These businesses are at-risk of permanent closure as a result of COVID-19. The RETOOLNC program will focus on aiding NC historically small underutilized businesses to assist in a pivotal change in service offerings to meet the industry need during the pandemic. Small businesses may qualify for this program if they meet the qualifications.


APPLICATION PROCESS

  • 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. August 2020 business bank statements

  2. HUB/NCDOT certification letter or screenshot showing business is certified

  3. 2019 Business Tax Returns

  4. Statement (within the application) describing how COVID-19 has adversely impacted the business

  5. Your full social security number (SSN) and EIN/TIN, which will be used to verify your business

  6. Your business's NAICS code

  7. Completed ACH form with your banking information including your routing, checking account numbers, and a copy of a voided check. Banking information must match the bank statement provided for the business.  Funds will not be wired to non-business accounts.

  8. Copy a valid/unexpired driver's license or government-issued ID 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. 













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 exactly 9-digits 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



BUSINESS OWNERSHIP


















PRIMARY OWNER

PRIMARY BUSINESS OWNER'S INFORMATION
Please provide the information below for the primary contact (this is the individual authorized to submit the grant on behalf of the business entity).





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

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








PRIMARY BUSINESS OWNER'S DEMOGRAPHIC INFORMATION
We request that you provide the below demographic data to learn more about the needs of small business owners.  You may select "Decline to State" for any question. Federal law forbids discrimination on the basis of the below information, including whether you choose to furnish it.  If you choose to not furnish this information, we note gender, race, and ethnicity on the basis of visual observation or surname.  For more information about the demographic terms below, please see our website.





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
We request that you provide the below demographic data to learn more about the needs of small business owners.  You may select "Decline to State" for any question. Federal law forbids discrimination on the basis of the below information, including whether you choose to furnish it.  If you choose to not furnish this information, we note gender, race, and ethnicity on the basis of visual observation or surname.  For more information about the demographic terms below, please see our website.





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
We request that you provide the below demographic data to learn more about the needs of small business owners.  You may select "Decline to State" for any question. Federal law forbids discrimination on the basis of the below information, including whether you choose to furnish it.  If you choose to not furnish this information, we note gender, race, and ethnicity on the basis of visual observation or surname.  For more information about the demographic terms below, please see our website.





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
We request that you provide the below demographic data to learn more about the needs of small business owners.  You may select "Decline to State" for any question. Federal law forbids discrimination on the basis of the below information, including whether you choose to furnish it.  If you choose to not furnish this information, we note gender, race, and ethnicity on the basis of visual observation or surname.  For more information about the demographic terms below, please see our website.





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
We request that you provide the below demographic data to learn more about the needs of small business owners.  You may select "Decline to State" for any question. Federal law forbids discrimination on the basis of the below information, including whether you choose to furnish it.  If you choose to not furnish this information, we note gender, race, and ethnicity on the basis of visual observation or surname.  For more information about the demographic terms below, please see our website.





BUSINESS BANKING INFORMATION

Authorization to Deposit Grant Aid 

Please read the following statement carefully. By continuing with the application, you have indicated your agreement with the following: If approved, I (we) hereby authorize Carolina Small Business Development Fund (CSBDF) to deposit all proceeds for which I (we) are approved at the financial institution named above. I (we) certify that the above banking information is related to a business banking account, and I (we) understand that grant proceeds cannot be deposited into a personal account. I (we) acknowledge that CSBDF 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. 

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
IMPORTANT NOTE: Banking information must match the bank statement provided for the business.  Funds will not be wired to non-business accounts.
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 all information you have provided is true and accurate to the best of your knowledge. This agreement is in effect as of the signed date.

Business Credit Release Authorization
By signing this Business Credit Release Authorization (“Authorization”) the undersigned duly authorized representative of the subject entity (“Business”) identified herein hereby authorizes Carolina Small Business Development Fund (“CSBDF”), its successors and/or assigns, to obtain the Business’s credit information from an outside service provider in consideration of a loan application submitted on behalf of the Business.  The Business further authorizes CSBDF to periodically obtain the Business’s credit information from an outside service provider if the application results in an outstanding loan with CSBDF.  This Authorization shall be effective as of the date this Authorization is executed and shall henceforth remain effective.   The undersigned further warrants that he or she is a duly elected party qualified and authorized to execute and deliver this Authorization on the behalf of the Business.

Terms of Use, Privacy Policy, Use of Financial Data
The undersigned agrees that they have reviewed CSBDF's terms of use, the loan application privacy policy and its statement on the use of financial data. By signing this application, the undersigned acknowledges that they are applying for assistance which is fully or partially funded by a North Carolina public entity. As part of its contractual obligations, CSBDF is required to send personally identifiable information to the government entity which has funded this program. North Carolina's public records laws (N.C.G.S. Section § 132-6) require that data transmitted to public entities is subject to records requests from external third parties. CSBDF has requested that the entity which has funded this program treat the applicant's data with the same level of confidentiality that is outlined in our statement on the use of financial data. In submitting this application, the undersigned acknowledges that their information may be made available through public records requests in a way that is personally identifiable.

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




BUSINESS IMPACT EXPENSES
Provide two (2) examples of business impact expenses (March 2020 - September 2020):
Upload two documents




OWNER 1 DOCUMENTATION

Must be one of the following file formats: gif, jpg, jpeg, png, pdf
OWNER 2 DOCUMENTATION

Must be one of the following file formats: gif, jpg, jpeg, png, pdf
OWNER 3 DOCUMENTATION

Must be one of the following file formats: gif, jpg, jpeg, png, pdf
OWNER 4 DOCUMENTATION

Must be one of the following file formats: gif, jpg, jpeg, png, pdf
OWNER 5 DOCUMENTATION

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