Main Street Relief Fund Final Grant Submission

If I didn’t fill out a Prequalification Application, can I still apply for a Main Street Relief Fund?

No. If you did not submit a Prequalification Application, you cannot apply for a Main Street Relief Fund Grant. You must have both your Prequalification Application Case Number and the federal taxpayer identification number submitted as part of your Prequalification Application to begin a Final Grant Submission.

If I completed a Prequalification Application, does that mean my business is automatically qualified for a Main Street Relief Fund Grant?

No. All businesses that submitted a Prequalification Application can submit a Final Grant Submission; however, only a business that meets all of the Main Street Relief Fund grant criteria will be eligible to receive an award.

Information submitted on the Prequalification Application will be automatically populated in your Final Grant Submission. You must verify this information and complete all additional requirements. Please read all instructions carefully and verify all information provided.

How do I access the Final Grant Submission for the Main Street Relief Fund?

The Main Street Relief Fund Final Grant Submission is available on the Main Street Relief Fund website. The Final Grant Submission is only available to businesses that submitted a Prequalification Application. All prequalification applicants have received an email directing them to the Final Grant Submission.

What information do I need to apply?

Please carefully read the Main Street Relief Fund Program Overview and the FAQs prior to beginning your application.
You must have all of your information ready before you begin your Final Grant Submission as the web form may not be saved or kept in draft form. If you exit your web form without submitting, changes to your information will not be saved and you will be required to start over.
We strongly encourage that Final Grant Submissions be finalized and submitted prior to the deadline. If you require assistance submitting a Final Grant Submissions, please contact the DRA Call Center, which is available at (603) 230-5000, Option 0, from 8:00 AM to 4:30 PM, Monday through Friday. Additionally, DRA Call Center hours will be extended until 11:59 PM on Friday, June 12, 2020.

The following information is required to complete your Main Street Relief Fund Final Grant Submission:

• Prequalification Application 8-digit Case Number
• Federal Taxpayer Identification Number and Type (including for all affiliated businesses)
• Principal Business Office Address
• New Hampshire Secretary of State Business ID
• 2019 Gross Receipts
• Estimated 2020 Gross Receipts in light of the impact of COVID-19
• All COVID-19 relief funding (grants and/or loans) received, or expected to be received, since March 1, 2020  (for example, amounts received for the Paycheck Protection Program or the Emergency Injury Disaster Loan)

When do I need to complete the Final Grant Submission?

The Final Grant Submission must be completed and submitted electronically by 11:59 PM on Friday, June 12, 2020.  You are encouraged to complete your Final Grant Submission as soon as possible.

Can I file more than one Final Grant Submission?

No. Each business or group of affiliated entities may only file a single Final Grant Submission. When calculating your business’s total annual gross receipts you must include the revenue of affiliated entities.

How do I know what my Prequalification Application Case Number is?  

Following your submittal of the Prequalification Application, you received an 8-digit Case Number in an email. You will need the Case Number to begin your Final Grant Submission. Please do not share your Case Number.

What if I didn’t receive a confirmation email after I submitted my Prequalification Application?

Please check your spam/junk email folder for this email. If you still cannot find the confirmation email, please contact the Department of Revenue Administration (DRA) Call Center at (603) 230-5000, Option 0, from 8:00 AM to 4:30 PM, Monday through Friday. Additionally, DRA Call Center hours will be extended until 11:59 PM on Friday, June 12, 2020. I am having trouble completing my Final Grant Submission using my web browser.

If you are unable to submit the Final Grant Submission, try using a different web browser (such as Google Chrome or Firefox) or make sure you are using the most current version of your web browser. Only Final Grant Submissions submitted using the DRA web form will be considered. No applications received by mail, email, in written form or any other format will be accepted.  The DRA Call Center is available to provide assistance at (603) 230-5000, Option 0, from 8:00 AM to 4:30 PM, Monday through Friday. Additionally, DRA Call Center hours will be extended until 11:59 PM on Friday, June 12, 2020.
 
I don’t have a computer; how can I fill out an application?

If you do not have a computer, you can make an appointment to use DRA’s public computer. To make an appointment, contact the DRA Call Center at (603) 230-5000, Option 0, from 8:00 AM to 4:30 PM, Monday through Friday. Additionally, DRA Call Center hours will be extended until 11:59 PM on Friday, June 12, 2020.

How do I fix errors I have identified in my Final Grant Submission?

Every individual that has submitted a Final Grant Submission receives an email with instructions on how to edit a submission. The DRA web portal to make corrections can also be found on the Main Street Relief Fund website.  Please note, you will not be able to make changes after the application period closes at 11:59 PM on Friday, June 12, 2020. It is recommended that the Final Grant Submission be finalized and submitted prior to the deadline should applicants require assistance from the DRA Call Center, which is available at (603) 230-5000, Option 0, from 8:00 AM to 4:30 PM, Monday through Friday. Additionally, DRA Call Center hours will be extended until 11:59 PM on Friday, June 12, 2020.

What is the qualifying criteria to receive a grant under the Main Street Relief Fund?

• To qualify the business must:
• Have submitted a Prequalification Application
• Be a for-profit business
• Have its principal place of business in New Hampshire
• Have been in operation for at least one year prior to May 29, 2020
• Anticipate a loss of revenue for 2020 due to COVID-19
• Have total 2019 gross revenues of less than $20,000,000
• Not currently be in bankruptcy
• Not have permanently ceased operations

In addition, the following types of businesses are not eligible for grants under the Main Street Relief Fund:

• Nonprofits
• Childcare providers
• Hospitals or other healthcare providers
• Institutions of higher education
• Elementary and secondary schools
• Farmers, growers, or maple producers;
• Franchises or national chains
• A business where the only employees are owners of the business

What is an affiliated entity?

For purposes of the Main Street Relief program, an entity shall be considered to be affiliated with any other entity that (1) has the same corporate parent or grandparent; or (2) shares majority common ownership.

How should I treat affiliated entities for purposes of calculating total annual gross receipts when completing a Final Grant Submission?

Revenue of affiliated entities must be included when calculating your business’s total annual gross receipts.

Should independent contractors be included in employee counts when filling out the Main Street Relief Fund Final Grant Submission?

Independent contractors should not be included when answering the two questions in the “Business Type Information” step of the Final Grant Submission.

In the Final Grant Submission, how do I know what my business type is?

In the Final Grant Submission, you will be asked to enter a keyword that best describes your business and select an applicable category. These categories are based off of the North American Industry Classification System (NAICS) Code categories.  More details about NAICS codes are available on the NAICS Association website.

What if I don’t know my Tax Year 2019 Gross Receipts and/or wages?

Most businesses will have their Tax Year 2019 information, and the need for estimates will be minimal. However, a business is not required to have filed your Tax Year 2019 return in order to submit a Final Grant Submission.

What if my 2019 fiscal year has not yet concluded?

For purposes of the Final Grant Submission, you should use gross receipts from the 2019 calendar year and estimated receipts for the 2020 calendar year.

Can I still get a grant if I am not required to file a New Hampshire tax return?

Yes. Taxpayers that fall below the New Hampshire business tax filing thresholds and are therefore not required to file returns in New Hampshire are eligible for a Main Street Relief Fund Grant as long as they meet all other eligibility criteria.

What if my estimate of Tax Year 2020 Gross Receipts turns out to be incorrect?

You should make your best estimate of Tax Year 2020 Gross Receipts on your Final Grant Submission. The estimate should be as of the date of your submission, taking into consideration the effects of COVID-19 on your business.
You will be asked to report your actual Tax Year 2020 Gross Receipts to the Department of Revenue Administration (DRA) at the conclusion of the year, and additional instructions regarding your potential obligation to return excess funds will be available at that time. If the actual business loss is not at least as much as was represented on the Final Grant Submission, the award may be subject to recoupment in whole or in part.

If my business operates in multiple states, how do I know if my principal place of business is in New Hampshire?

Your principal place of business is identified on your annual report filings with the New Hampshire Secretary of State's Office.

How much will my business receive if awarded a Main Street Relief Fund Grant?

The Main Street Relief Fund consists of $400 million made available to New Hampshire under the federal CARES Act Coronavirus Relief Fund to provide economic relief due to the COVID-19 pandemic. Grant amounts are determined by the grant formula.

What is the Main Street Relief Fund Grant Formula?

Following the completion of the Final Grant Submission period, the following steps will be utilized to determine the grant amount for an eligible business as part of the Main Street Relief Fund program:

Please note: Final values for this formula will not be able to be determined until the close of the final submission period as the formula requires the calculation of the total qualified estimated loss (Ex: $400m will be divided by the total estimated loss). Individuals intending to calculate their grant amount will not be able to accurately determine that value at this time.

Step 1.    Calculate the business's anticipated gross loss, by subtracting estimated 2020 gross receipts from actual 2019 gross receipts (“anticipated gross loss”).

Step 2.    Subtract 50% of the Paycheck Protection Program (PPP) amount and 100% of all other federal funds from the anticipated gross loss (“qualified loss”).

Step 3.    Sum the qualified losses of all businesses (“total qualified loss”).

Step 4.    Divide the total fund balance of $400M by the total qualified loss (“pro rata percentage”).

Step 5.    Multiply the pro rata percentage by a business's qualified loss.

Step 6.    If the result of the previous step is above $350K, the business will only receive $350K; in all other cases, the business receives the amount calculated in Step 5.

When will the State issue Grants?

The State will begin issuing Main Street Relief Fund Grants following the close of the submission period. Applicants will be notified of their grant award, or reasons the business is not eligible for a grant.

If my business receives an award, will my business name, address, and award amount be made public?

Yes. If a business does not want this information to be made public, it should not submit the Final Grant Submission.

If I receive a grant, what can the funds be spent on?

The State of New Hampshire is not directing businesses on how to spend the money (“no strings attached”). Businesses must demonstrate they have experienced or anticipate they will experience a financial loss due to COVID-19 in order to qualify for a Main Street Relief Fund Grant. It is expected that businesses will use the funds to assist in covering their operational costs and legal obligations.

What information will I need to provide after I receive a Main Street Relief Fund Grant?

You will be required to report your actual Tax Year 2019 Gross Receipts and Tax Year 2020 Gross Receipts to the Department of Revenue Administration (DRA). Additional instructions regarding your potential obligation to return excess funds will be available at that time.

Where can I find additional information on the Main Street Relief Fund?

Information regarding the Main Street Relief Fund and all relief funding opportunities available through the CARES Act Coronavirus Relief Fund to the State of New Hampshire can be found on the Governor’s Office for Emergency Relief and Recovery (GOFERR) website.

If I have questions that are not addressed by these FAQs, where can I find answers?

The DRA Call Center is available to provide assistance at (603) 230-5000, Option 0, from 8:00 AM to 4:30 PM, Monday through Friday. Additionally, DRA Call Center hours will be extended until 11:59 PM on Friday, June 12, 2020.

Why are businesses where the only employees are owners of the business not eligible?

Individuals, including individuals who are the sole employees of a business, are not considered eligible for the Main Street Relief Fund because unemployment benefits have been expanded during the COVID-19 crisis.  

Why are non-profit organizations, 501(c)(6), not considered eligible as part of the Main Street Relief Fund?

501(c)(6) organizations are non-profit entities, and therefore, not eligible for this program which provides funding to for-profit New Hampshire Businesses.

How do I determine if my business has any employees that are not owners?

There are two questions in the “Business Type Information” step of the Final Grant Submission regarding your business’s number of employees.  They are as follows:

• Does your business have any employees that are not owners, including any furloughed, laid-off, and/or seasonal employees?
• Typically how many employees work for your business (excluding owners), including any furloughed, laid-off, and/or seasonal employees?  

The first question requires a yes or no answer, and the second requires you to provide your business’s number of employees. The answers to both questions must (1) exclude owners and (2) include any furloughed, laid-off, and seasonal employees. Therefore, if your business does not have any employees that are not owners, including any furloughed, laid-off, and/or seasonal employees, your answer to the second question should be 0.  Similarly, if you answer yes to the first question, your answer to the second question should be a number greater than 0, and should include any furloughed, laid-off, and/or seasonal employees.  Please double-check to ensure your answers do not contradict each other.  If you need to review or change a Final Grant Submission you have already completed, click on “Find or Edit a Final Grant Submission” at https://gtc.revenue.nh.gov/tap/main-street-relief-fund/, using your email and confirmation code.