FAQs – Page 4 – Kansas Department of Commerce

When Will I Receive The Grant Funds After My Application Is Accepted And Approved?

Aug 31, 2020

At this time, there is no set timeline for distribution of grant funds. Those who are awarded funds will be notified individually of when funds will be transferred.

Who Will Determine Whether Or Not My Business Is Approved For A Grant?

Aug 31, 2020

Final decisions on grant awards are made by the SPARK Recovery Office.

When Will I Be Notified Of The Award Decision?

Aug 31, 2020

The Kansas Department of Commerce and its partners will review applications and make award decisions as quickly as possible while ensuring that awardees meet all state and federal requirements for funding. Notification of awards will occur as soon as possible.

How Quickly Will My Application Be Reviewed?

Aug 31, 2020

Applications will be reviewed on a rolling basis as they are submitted. We anticipate a high volume of applications submitted, and that will determine how quickly individual applications are reviewed and award decisions made.

When Does The Grant Award Have To Be Spent?

Aug 31, 2020

Per federal CARES Act guidelines, any awarded funds must be spent by December 30, 2020. Should this change, we will communicate that information to you.

Are Grant Awards Taxable?

Aug 31, 2020

Yes. The receipt of a government grant by a business generally is not excluded from the business’ gross income under the Code and is therefore taxable. However, a grant made by the government of a federally recognized Indian tribe to a member to expand in Indian-owned business on or near…

Is There Any Documentation That Will Be Required As Part Of The Application Process?

Aug 31, 2020

Documentation required depends on which grant program for which an application is being submitted. No supporting documentation is required for Small Business Working Capital Grants, Securing Local Food Systems Grants, PPE Procurement Grants or Broadband Partnership Adoption Grants; however, a business can be audited to determine if information such as…

If A Business Is Eligible For More Than One Grant, Do They Have To Complete Different Applications, Or Will Your Office Pull From Different Grants Based On Their Various Requests?

Aug 31, 2020

A separate application will be required for each grant for which a business wishes to be considered.

Can A Business Apply For Grants In More Than One Category?

Aug 31, 2020

Yes. Businesses can apply for any grant for which they meet the basic eligibility requirements.

If I Received Local, State Or Federal Funding Related To COVID-19, Am I Still Eligible To Receive A Small Business Working Capital, PPE Procurement Or Securing Local Food Systems Grant?

Aug 31, 2020

Business who have received prior local, state and/or federal funding (including grants and loans) totaling no more than $350,000 are still eligible to receive additional grant funding. Businesses who have received a total of more than $350,000 are not eligible to apply but can file an appeal as part of…

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When Will I Receive The Grant Funds After My Application Is Accepted And Approved?

Who Will Determine Whether Or Not My Business Is Approved For A Grant?

When Will I Be Notified Of The Award Decision?

How Quickly Will My Application Be Reviewed?

When Does The Grant Award Have To Be Spent?

Are Grant Awards Taxable?

Is There Any Documentation That Will Be Required As Part Of The Application Process?

If A Business Is Eligible For More Than One Grant, Do They Have To Complete Different Applications, Or Will Your Office Pull From Different Grants Based On Their Various Requests?

Can A Business Apply For Grants In More Than One Category?

If I Received Local, State Or Federal Funding Related To COVID-19, Am I Still Eligible To Receive A Small Business Working Capital, PPE Procurement Or Securing Local Food Systems Grant?