COVID-19 Business Interruption Fund: Round 3 Details

The Loudoun County Board of Supervisors unanimously approved an additional $2 million in grant funding for the COVID-19 Business Interruption Fund to support Loudoun businesses impacted by the coronavirus outbreak. This funding was allocated from the $36.1 million in federal funding made available to the county through the CARES Act.

The fund will provide 400 randomly selected applicant businesses with a $5,000 grant.

Applicants must demonstrate the following criteria:

  • Have between zero and two W-2 employees (no limit on 1099 contractors);
  • Have less than $2.5 million in gross annual receipts;
  • Have at least a 25% loss in revenue that can be attributed to COVID-19;
  • Be a licensed and operational for-profit business in Loudoun County, Va.
  • If the applicant business received a grant from the COVID-19 Business Interruption Fund in the first or second rounds, they are not eligible to apply again.

The fund is now open for applications and remain open for 72 hours, closing at noon on June 6, 2020. All submissions will be accepted based on the time stamp that the application was received, verified by county employees, and placed into a pool, where businesses will be randomly selected until the funding has expired.

The deadline for applications is June 6, 2020 at 12 p.m. ET (noon).

Please see the video below for an overview of the application portal, or scroll down to begin your Business Interruption Fund application. You may also view the Next Steps following application submission.

Business Interruption Fund Application

Next Steps:

Here is a brief description of the timeline between application, selection and the dispersal of funds:

Now-June 6: You will be asked to download, complete and upload a Financial Excel Spreadsheet and an IRS W-9 Form as part of your application. You are encouraged to fill those out in advance, as they are a required part of your application.

June 3 at noon: Applications open.

June 6 at noon: Applications close.

June 4-8: Businesses will be verified with the Commissioner of the Revenue or the towns, and must be confirmed as being in good standing with the county’s jurisdictions.

June 9-12: A member of Loudoun County Government staff will call you to confirm application information and application number and resolve any document issues.

June 9-18: Applications will be certified and prepared for the random drawing.

June 19: Random drawing will be held, if needed, at the Government Center and broadcast to ensure fairness and transparency.

June 25: The payment process will begin between the Economic Development Authority and grant recipients.

If you have any questions, please do not hesitate to email loudounbiz@loudoun.gov.

Terms and Conditions
Terms and ConditionsRound 1 ResultsRound 2 Results

Frequently Asked Questions

When is the deadline for applying?

All applications must be received between noon on June 3 and noon on June 6 in order to be considered for the grants.

What defines an employee?

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.

Why are employee numbers capped?

For this round of the Business Interruption Fund, businesses must have between 0-2 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 multiple options for the fund and chose the parameters being used to administer the grant awards. Other rounds of the Business Interruption Fund were designed for businesses with more employees, but this round is targeted for Loudoun’s businesses with 0-2 employees. We will be gathering all the information provided through the grant and directly from businesses in order to provide the Board a full report.

I am an independent contractor or gig economy worker. Am I eligible for this fund?

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.

Are non-profit organization eligible to apply?

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.

I'm having technical trouble applying. What should I do?

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.

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.

Can I save my application and return later?

Yes. The form allows users to save their progress and return later, to finish during the open application period (noon on June 3 to noon on June 6). 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 June 6, no matter when they were initiated, will not be considered eligible.

How will my submitted information be used?

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.

What are the next steps?

Once the application process closes on June 6, an internal review process will begin. Your application will be assigned to a member of the Loudoun County Government staff, who will call you between June 9-12 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 June 19.

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 June 25.

Can I get this information in another language?

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.

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.