Restore RI Grant Calculator

Instructions: Please enter the information requested in the white boxes below only. All fields with grey backgrounds are not editable and are designed to indicate whether the applicant is eligible and calculate the maximum grant. Note that the actual grant amount is subject to documentation and approval in the application.
Note: You will be required to attest that the data provided is accurate and true. Making intentional misrepresentations of fact will be subject to federal criminal prosecution. You will be required in the application to provide supporting documentation to validate the information you provide here. Please save this file for your future use. You may be asked to edit or upload this file during step 2 of the application.

(1) Business Info

1a) Is your business a Non-Profit Organization?

Eligibility check (autofilled from Non-Profit Status entered above)

1b) Select your 3-digit industry NAICS Code. Please use the *dropdown menu* below. If you are a travel agency (or other travel arrangement and reservation services), please choose “5615 – Travel Agencies/Other Travel Arrangement and Reservation Services” (the last entry) from the drop-down menu below. If you are not sure what industry your business primarily operates in, descriptions can be found here

Industry (autofilled from NAICS code entered above)

Is your industry severely-impacted? (autofilled from NAICS code entered above)

Is your industry eligible? (autofilled from NAICS code entered above)

1c) Was your business created on or after July 1, 2019?
Note: please only indicate “yes” if your business is new and did not exist before July 1, 2019

(2) Calculate gross revenue drop in any month since March of 2020

Note: Please be sure to complete 1c above before beginning this section.

2a) Select a month between March 2020 and July 2020 that you are using to demonstrate COVID impact.

2a-2) Select a month, January 2020 or February 2020, that you will be using to demonstrate your baseline revenue.

Enter the dollar amount of your gross revenue for

2d) Revenue Loss Percentage (autocalculated)

Eligibility check: Is your business eligible based on revenue loss? (autofilled)
Minimum for businesses in severely impacted industries: 30%
Minimum for non-severely impacted industries: 50%

(3) Calculate Full-Time Equivalent Employees for Purposes of the Program

Eligibility note: If you have more than 20 full-time equivalent employees, you will NOT be eligible for a grant, unless you are a restaurant or caterer.

3a) Is the owner an employee? If yes, please also include the owner in the employee counts below.

3b) Full-time Employees Number of employees who worked at least 35 hours per week on average during the period on your IRS 941 or RI TX-17 from Q1 2020 or Q2 2020.

3c) Part-time Employees Number of employees who worked less than 35 hours per week on average on your IRS 941 or RI TX-17 from Q1 2020 or Q2 2020.

Instructions: Severely impacted industries only may count up to 3 independent contractors. Note: By claiming an independent contractor on this form, you are attesting that the contractor worked a minimum of 15 or 35 hours at the business' physical location during Q1 or Q2 of 2020.

3d) Full-time Independent Contractors (severely-impacted industries only). Number of independent contractors who worked at least 35 hours per week on average at the business' physical location.

3e) Part-time Independent Contractors (severely-impacted industries only). Number of independent contractors who worked at least 15 hours, but less than 35 hours per week on average at the business' physical location.

Total FTEs (Full-Time Employees) (autocalculated and rounded to the nearest whole number)

Eligibility check: business has at least one employee in addition to the owner? (autofilled)

Eligibility check: 20 or fewer FTEs (unless the business is a caterer or a restaurant)? (autofilled)

(4) Summary of Eligibility & Maximum Grant Amount

Eligible for Restore RI Grant Program (autofilled)

Maximum Grant Eligibility Amount (autocalculated)

(5) Expenses - This section may be completed during step 1 (prequalification form) or completed/updated during step 2 of the application.

Instructions: Please list your eligible expenses incurred since March 1, 2020 in the section below. These expenses cannot be the same as those covered by any other state or federal funding source (for example: PPP or EIDL loans). Please list higher value expenses (e.g. rent) in order to reduce the documentation you need to retain. Note that your grant may not exceed the amount of the eligible expenses listed below.
Note: you will be required to attest that the data provided is accurate and true when you submit. Making intentional misrepresentations of fact will be subject to federal criminal prosecution.

Type: Please select an expense category from dropdown menu for each entry. Example: Rent or mortgage interest payment.		Description: Please describe the expense listed and in a few words how the expense is COVID related. Example: Tents, planters and landscaping supplies from Hardware Store for new outdoor seating area.	Date: Please indicate the date of the invoice or payment. If applicable, use the date of the documentation submitted.	Amount: Indicate the amount spent on this cost item. Amount must match documented receipt, invoice, monthly statement, lease statement, etc.

Total (Note that your grant may not exceed this total)

(6) Amount of Grant Applied For

Amount of Grant Applied For (autocalculated)