Wyoming Administrative Code
Agency 085 - Business Council
Sub-Agency 0016 - Wyoming Business Relief Program
Chapter 3 - BUSINESS RELIEF STIPEND PROGRAM
Section 3-6 - Closure Stipend Award Calculation
Universal Citation: WY Code of Rules 3-6
Current through September 21, 2024
(a) Eligible business' that were required to close in the Supplemental Closure Stipend Program must choose either the Supplemental Closure Stipend Program worksheet or the Business Relief Stipend Worksheet.
(b) Closure Stipend Program Calculation. To calculate the Supplemental Closure Stipend Program award amount, the following formula shall be used:
(i) Lost gross revenue
(between March 13, 2020 and the application date); plus
(ii) COVID-19 related expenses (between March
13, 2020 and the application date); plus
(iii) Extraordinary expenses as calculated in
the Expenditure Plan; minus,
(iv)
Business Interruption Stipend program funds received (if applicable);
minus
(v) Any other grant funds
including, but not limited to, funds from the Paycheck Protection Program,
Economic Injury Disaster Loan Advances, or Pandemic Unemployment Assistance.
(A) Eligible businesses that received
Business Interruption Stipend program funds must only deduct any additional
grants received after the Business Interruption Stipend program application.
(a) In no event shall an Applicant's award
exceed three hundred thousand dollars ($300,000.00).
Disclaimer: These regulations may not be the most recent version. Wyoming may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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