A small business is defined as a commercial enterprise that is independently owned, operated, and controlled, and has 50 or fewer full-time equivalent employees (under 2,000 payroll hours per week) at the time of application.
Business entity must be one of the following: a. A sales tax revenue generating business. b. Service business that has a main entrance facing a public pedestrian walkway. c. Not-for-profit seeking funds for commercial retail related projects.
Business revenues must be under $1.5 million ($1,500,000) after Cost of Goods Sold.
Applicant(s) must be the end user of the commercial space.