About This Grant
Rialto Small Business Grant
The City of Rialto’s Business Grant Program offers a one-time $10,000 grant for immediate financial assistance to small businesses located in the City of Rialto to aid in maintaining their business location. Businesses are not expected to pay back grants. The grant is for qualified small businesses with no more than 25 full-time employees.
Previously approved businesses that were granted $4,000 may reapply for an additional $6,000 (not to exceed $10,000) upon demonstration of additional need for funds by providing: Current Revenue Loss documents and Past Due Rent or Utility Bills
How You Can Use the Funds
- Awarded funds are intended to help businesses pay for their leases/rent. Utilities, PPE, Business Expenses
Documents Required
- Download and complete application.
- Provide documentation that they meet the eligibility requirements and terms and conditions; Current revenue loss documents, past due rent or utility bills, applicant information, business past and financial information.
- Submit application and all supporting documents either by mail or email to: City of Rialto Small Business Grant Program (addresses found on downloadable application)
Eligibility Requirements
- Business must be physically located within Rialto City limits
- Business has a current business license, in good standing in the City of Rialto
- Business must employ 25 or less Full Time employees, including the owner(s) Part time employees are excluded from the count.
- Per HUD, the business must be For-Profit
- Business has been operational at least six (6) months
- Business does not have existing municipal code violations
- Business must provide financial documents demonstrating loss of profits in the year 2020 or 2021 (e.g.: Profit and Loss statement).
- Business must disclose whether it has received COVID-19 relief funding from the Paycheck Protection Program (PPP), Economic Injury Disaster Loan (EIDL), the County of San Bernardino, the State of California, or the City of Rialto. If a business received federal, state, county, or private funding, it is still eligible to receive City grant funds. However, businesses must not have been a grant recipient from the City of Rialto in the last 24 months.
- Business has or will obtain a Unique Entity Identifier Number (UEI) if a grant is awarded. Staff may assist in obtaining this.
- Meet one of the following criteria below: - The service activity of the business is primarily residential, where at least 51 % of the residents are LMI persons, and the business’ services meet the needs of the service area residents. If the commercial district is composed of stores and businesses that serve local customers that meet the LMI then it qualifies OR
- Currently employ and retain or will create at least 51% full-time equivalent positions with low-and moderate-income (LMI) persons or in the case of staff turnover, have the identified position filled by LMI person (see details below) and demonstrate that without grant assistance the job would be lost. - Previously approved businesses that were grated $4,000 may reapply for an additional $6,000 (not to exceed $10,000) upon demonstration of additional need for funds by providing: - Current Revenue Loss documents - Past Due Rent or Utility Bills