COVID-19 Business Interruption Fund: Round 5 Details

The open application window will be from noon on September 23 to noon on September 30.

Yes. These funds are only available to operational businesses that have filled out all proper paperwork to be in good standing with Loudoun County or the incorporated towns. In most cases, it is not enough to be registered with the IRS or Virginia SCC, and Loudoun Economic Development cannot grant exceptions for this. Please check with the Loudoun County Commissioner of the Revenue (or town, if applicable) to ensure that you are properly licensed, or for them to confirm that your business does not need a license.

Not right now. The Board of Supervisors and town councils are committed to providing financial support to as many Loudoun businesses as possible. For this round, only businesses that have not received CARES Act funding from the county or the town will be eligible (this rule does not apply to various federal, non-profit and private sector business grants and loans. Those businesses remain eligible for this fund).

Yes. In this round, you are only restricted from receiving grant funding from the county or towns if you have already received COVID-19 business relief from the county or towns. Funding from any other sources will not disqualify your application.

Yes. The IRS considers business grants as revenue for tax purposes. The money from the grant should be included when calculating the business’s taxable income. If your business receives funding and still operates at a loss this year, then it will not have a taxable income because it operated at a loss.

It depends. If you file your personal taxes as a 1099 contractor for a business owned by another person, then you are not eligible to apply for funding. If you own a business (LLC, S-Corp, sole proprietorship and partnerships are the most common) that works for clients or other businesses and pays you a salary, then your business may apply for funding. For example, if you collect a 1099 from a company like Airbnb and file this form with your personal taxes, then you are not eligible for funding. If you own a B&B, filed as a business in Loudoun County, that happens to use Airbnb as a way to book your space, then your B&B business is eligible to apply for funding.

No. Businesses must be for-profit in order to be eligible for this fund. Loudoun County has made additional funding available for non-profits. Program details are still under consideration; please check Loudoun.gov for updates.

This is a web-based form only. It is strongly encouraged that you use the latest browser version of Google Chrome or Mozilla Firefox in order to apply. Applicants using Safari may have difficulty signing up.

Although the application can be completed on mobile devices, we recommend using a desktop computer for the best experience.

If you started an application and forgot your password, please click this link to have an email sent to you that will contain a link to reset your password: Forgot your password?

If you complete the application, including all required fields, press Submit and DO NOT see a confirmation message on the screen, then your application has not been successfully submitted. Please contact loudounbiz@loudoun.gov and we will do our best to help.

If you do not have access to high-speed internet, please visit the parking lots of the Middleburg, Purcellville or Lovettsville libraries for access to free, high-speed internet.

Yes. The form allows users to save their progress and return later, to finish during the open application period (noon on September 23 to noon on September 30). Applicants who have not yet submitted their applications will get periodic reminders to finish the form before the window closes. Applications submitted after noon on September 30, no matter when they were initiated, will not be considered eligible.

Submitted information will be used to determine the eligibility of the business applicant. Additional communication with Loudoun County Government staff will be to verify the information provided.

Information submitted for this grant becomes public record and subject to requests in accordance with the Freedom of Information Act. We cannot exclude anyone’s submitted information from that process.

For the purposes of the  COVID-19 Business Interruption Fund, employees are defined as workers who receive a W-2 from a business. Independent contractors who work for the applicant’s business under a 1099 form are not counted as employees of the business.

For this round of the Business Interruption Fund, businesses must have fewer than 100 employees. We recognize that each eligibility requirement excludes businesses that need financial support, but the fund is intended as one piece of the county’s overall small business support during this trying time. The Board was presented with options for the fund and chose the parameters being used to administer the grant awards. We will be gathering all the information provided through the grant and directly from businesses in order to provide the Board a full report.

Once the application process closes on September 30, an internal review process will begin. Your application will be assigned to a member of the Loudoun County Government staff (or town government staff), who will call you between September 23-October 13 to confirm your information.

Once all information is submitted and confirmed, the County Treasurer, Director of the Department of Finance and Budget, and the Executive Director of the Department of Economic Development will review all applications to ensure that businesses meet the minimum requirements for eligibility.

All vetted eligible businesses will be placed into a pool for a random drawing of grant recipients, which will be conducted in a transparent way, starting at 2 p.m. on October 23.

All applicants will be contacted after the random drawing is complete to confirm that they received or did not receive the grants. At that point, businesses will be required to provide financial information to transfer the funds, which will begin the week of October 26.

Businesses are encouraged to view the page using their browser’s translation tools and follow up with us at 1-800-LOUDOUN for more translation assistance.

Translation Guides

In accordance with Title VI of the Civil Rights Act, Loudoun County Government is committed to ensuring that limited English proficient individuals have equal and meaningful access to county benefits and services. We utilize both phone interpretation services and written translation services when appropriate.