What are examples of unauthorized uses of grant funds?
  • Businesses that are not based in Orange County.
  • Refinancing existing bank debt or investor loans
  • Purchase of equipment or improvement of real estate to be used for personal use
  • Political activities or private membership clubs
  • Owner salary and dividend payments beyond an agreed upon amount
  • Speculative ventures such as drilling for gas, oil, and commodity futures
  • Lending or speculative investment purchases
  • Real property held for sale or investment
  • Pyramid sales - distribution plan businesses
  • Floor plan financing, which is defined as a revolving line of credit that allows the borrower to obtain financing for retail goods; these loans are secured on collateral including vehicles, recreational vehicles and manufactured homes
  • Foreign controlled businesses

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1. What is the purpose of the County’s financial assistance program?
2. What businesses are eligible/ineligible to apply for funding through this program?
3. Who will review grant applications and determine the awards?
4. What will the application and funding process look like?
5. What criteria will be used to evaluate a small business applicant’s economic need to receive a grant?
6. What are the eligible uses of the grant funds?
7. What are examples of unauthorized uses of grant funds?
8. What is the amount of the grant program’s potential award value to a small business applicant?
9. What is the cost to a small business that receives a grant?
10. What types of financial records and related documentation will be required as part of the grant application process?
11. How much funding is available for the program?