Wyoming Administrative Code
Agency 085 - Business Council
Sub-Agency 0016 - Wyoming Business Relief Program
Chapter 2 - BUSINESS INTERRUPTION STIPEND PROGRAM
Section 2-5 - Amount of award
Universal Citation: WY Code of Rules 2-5
Current through September 21, 2024
(a) The amount of award is the amount to reimburse the business for the cost of business interruption. This amount is determined by calculating lost revenue and COVID-19 related expense and subtracting from that amount the businesses Cost Saving Realized and any federal or state funding that the business has received to compensate for these same losses, including Paycheck Protection Program funds the business received and expects to be forgiven.
(b) Cost of business interruption must have occurred after March 13, 2020;
(c) In no event shall an Applicant's award exceed fifty thousand dollars ($50,000.00).
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