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Utah Governor’s Office of Economic Development – Commercial Real Estate Rent Grant

Agency / Department: Utah Governor’s Office of Economic Development

Resource: Commercial Real Estate Rent Grant

Details: Fund/grant of $40 million to assistance small businesses in Utah with commercial real estate rent.
Qualifications of Applicants:
– Have a current lease on commercial property in the state of Utah
– Claim Utah as their principal place of business
– Be in operation with fewer than 100 employees on Feb. 15, 2020
Demonstrate at least a 50% loss of gross monthly revenue after March 1, 2020, as a direct result of the COVID-19 pandemic
Not received funds from the COVID-19 Agricultural Operations Grant Program (funded with federal CARES Act monies)
Required Documentation:
– Company legal name, address and contact information
РLegal company representative’s name and contact information
– Disclose whether or not you have applied for or received funds from the – – CARES Act Paycheck Protection Program managed by the U.S. Small Business Administration
– Profit & Loss statement for February 2020
– Profit & Loss statement for the 4 week period of revenue loss
– Two most recent state or federal tax returns
– Profit & Loss statement for 2019 and the four months immediately preceding the day of application submission
– Current lease/rental agreement
– Documentation of most recent lease/rental payment
– Signed W-9

Link: https://business.utah.gov/utah-covid-19-commercial-rental-assistance-program/

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