The Small Business Assistance Grant is designed to provide necessary relief to Osage majority owned businesses who have been negatively impacted by the effects of COVID-19. The COVID-19 Task Force has allocated Federal CARES ACT Relief Funds to provide small businesses assistance in ensuring the survival and stability of these crucial businesses.
Please note that if all requested information is not provided in the submitted application, the application will be automatically denied.
- A business in good standing with the individual business state’s Secretary of State.
- Current on their most recent quarterly or yearly taxes with the individual business(es) State Tax Commission, depending on when the business is required to file.
- Revenue loss must be caused by the impact of COVID-19 and the grant must be necessary to help the business recover from the negative effects of COVID-19.
- 51% majority ownership of the business of the Osage enrolled member.
- Osage membership enrollment number
- Documentation proving 51% majority ownership of the business of the Osage enrolled member such as:
- Articles of Organization, Partnership Agreement, Operating Agreement, or notarized statement if the business is not an LLC, Partnership, Incorporated, S Corp, etc.
- The following business related documentation:
- To determine revenue losses for the business(es) and establish eligibility for the program including:
- Any relevant and accurate documentation typically maintained in the ordinary course of business to determine the financial loss that the Osage Nation Small Business Assistance Review Committee may use to calculate an eligible grant amount:
- If Existing business (established for more than 1 year):
- Provide a notarized 2019 month to month profit and loss statement from the date your business was established.
- Provide a notarized 2020 month to month profit and loss statement from the date your business was established.
- If New business (established for 1 year or less):
- Provide a notarized month to month profit and loss statement from the date your business was established.
If Existing Business (established for more than 1 year) provide a notarized 2019 and 2020 month to month profit and loss statement.