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1. My business received PPP funding. Am I still eligible for a Denton County OPEN grant?

Yes, businesses that received PPP funding are eligible for Denton County OPEN grants. Denton County OPEN grant amounts will not take PPP funding into account; however, when reporting on the expenditure of Denton County OPEN grant funds, businesses should not include expenses that were covered by PPP funds.

2. What documentation do I need for proof of the existence of my business?

The county only needs to receive one document that proves the existence of a business. That document may be the Secretary of State of Texas File number, State of Texas License number, DBA, or a tax return. It is not necessary to provide more than one of these documents.

3. Can supply or inventory costs be included in the calculation of fixed costs?

No. Fixed costs for calculation of the grant amount include only: 1. Rent, lease, or mortgage interest; 2. Business personal property taxes; and 3. Utilities. (Cost associated with a personal residence may not be included) However, supply and inventory costs are allowable uses of the grant proceeds.

4. What businesses are considered “sole proprietorships” for the purpose of using net income to calculate payroll costs?

Any business with only one owner that does not have payroll cost may report using net income as a sole proprietor. This includes LLCs with one owner and with no payroll cost; however, sole proprietors who have payroll costs (that file 941’s, W-3’s, etc.) must report payroll costs and net income. If partner, can use the average monthly amount of net self employment income (Schedule K1) and payroll costs.

5. My business has locations in Denton County and other counties. Do I qualify for the Denton County OPEN grant program?

Yes, if your business meets the other criteria, you will qualify.

6. How do I prove how long I have been in business?

Provide your Certificate of Filing with the Secretary of State. If you do not have it, you can find it on the Texas Secretary of State website at https://direct.sos.state.tx.us/acct/acct-login.asp If you are a sole proprietor, you can provide a DBA, first state bank statement, first income tax or sales tax filing, or a professional license.

7. Will I be notified whether or not my application is approved for a grant?

Yes. We will notify all applicants on whether they are approved for a grant, may still be considered for future grants or have been disqualified for ineligibility.

8. Do I need to file all of these documents?

Yes. These documents are necessary to ensure all applicants meet the required eligibility to receive grants. These same documents are required by many state and federal grant programs.

9. How soon will these grants be awarded?

Denton County will work to turn around grant funds quickly upon the conclusion of the 2-week submission period. The intent is to issue grants as quickly as possible..

10. Who can I call to answer some of the questions I have about this application?

You can send questions via email to OPENgrants@dentoncounty.gov.