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Downstate Small Business Stabilization Program 442020 CBG GUIDEBOOKPARTICIPATION AGREEMENT THIS AGREEMENT is made as of the ___ day of ___, 2020 by and between the Village of Oswego (\” Unit of
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How to fill out downstate small business stabilization

01
To fill out the Downstate Small Business Stabilization form, follow these steps:
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- Step 1: Access the form online through the official website of the Downstate Small Business Stabilization program.
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- Step 2: Read the instructions and requirements carefully to ensure eligibility.
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- Step 3: Gather all the necessary documents and information, such as business identification details, financial records, and evidence of economic impact due to COVID-19.
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- Step 4: Start filling out the form by entering the required information, including business name, address, contact details, and industry classification.
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- Step 5: Provide accurate financial data, such as revenue, expenses, and projected losses.
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- Step 6: Answer all the questions regarding business operations, employee count, and previous financial assistance received.
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- Step 7: Double-check all the entered information for accuracy and completeness.
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- Step 8: Submit the completed form electronically through the designated submission portal or by following the instructions provided.
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- Step 9: Keep a copy of the submitted form for your records.
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- Step 10: Wait for the review process to be completed and for any further instructions or communication from the Downstate Small Business Stabilization program.

Who needs downstate small business stabilization?

01
The Downstate Small Business Stabilization program is designed to assist small businesses located in the downstate Illinois region.
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Businesses that are eligible for this program are those that have experienced significant economic impact due to COVID-19.
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This may include businesses that had to temporarily close, experienced a significant decrease in revenue, or faced financial hardships.
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Additionally, businesses that have not received substantial financial assistance from other government programs may qualify for this program.
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It is recommended to review the specific eligibility criteria outlined by the Downstate Small Business Stabilization program to determine if your business qualifies for assistance.
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Downstate small business stabilization is a program that provides financial assistance to small businesses located in areas outside of major cities and metropolitan areas.
Small businesses located in downstate areas that meet the eligibility criteria are required to file for downstate small business stabilization.
To fill out downstate small business stabilization, small businesses need to provide information about their financial situation, number of employees, location, and other relevant details.
The purpose of downstate small business stabilization is to support and strengthen small businesses in rural and less densely populated areas, helping them stay afloat and grow.
Information such as financial statements, tax returns, number of employees, business location, and details about the impact of the pandemic on the business must be reported on downstate small business stabilization.
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