Wyoming Administrative Code
Agency 085 - Business Council
Sub-Agency 0016 - Wyoming Business Relief Program
Chapter 3 - BUSINESS RELIEF STIPEND PROGRAM
Section 3-7 - Business Relief Stipend Award Calculation
Universal Citation: WY Code of Rules 3-7
Current through September 21, 2024
(a) To calculate the Business Relief Stipend award amount, the following formula shall be used:
(i) Aggregate loss of revenue as a percent
(%) (between March 13, 2020 and the application date); multiplied by
(ii) Aggregate eligible expenditures and
expenses as noted in Section
5 (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 business' that received Business
Interruption Stipend program funds must only deduct any additional grants
received after the Business Interruption Stipend program application.
(b) 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.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
