The numerous COVID Loan and Grant options offered by the Feds and the State of Vermont can be easily confused. To help business owners document and organize important information on each loan and grant your business has received, VtSBDC has designed a dashboard tool.
Using the COVID-19 Grant and Loan Dashboard, you will have the overall picture of your COVID grant and loan monies at your fingertips. (Note: this dashboard is meant to be an overview and does not include all of the information that you should have in an individual file for each loan/grant your business has received.)
This resource was made to be printed as a back-to-back page or filled out online. Start at the top of the sheet by filling out broad business information such as the business’s name, address, bank name, checking account, routing number, as well as coordinating identifications numbers (EIN #, SAM #, and DUNS #).
Next is a list of possible COVID-19 grants and loans a Vermont business could have received. These are organized by Federal Programs on the left and State Programs on the right.
In the box below, the business owner will be prompted to fill out the program from the drop down box or by copy and pasting it from above. This will automatically check off if this is a grant or a loan. The rest of the information in the top half of the box will be filled out in accordance with the loan, as seen below.
The second half of the box a business will fill out if they received PPP forgiveness. If this is applicable, a business would fill out the amount forgiven, the date the amount was forgiven, unforgiven, and the bank loan number.
These boxes are repeated onto another page. Once you have this filled out, you will have a single front to back page dashboard of the total grants and loans you have received.
After a year of hardships and challenges, we hope this dashboard helps eliminate any confusion and offers the peace of mind of knowing that all of the information on the COVID grants and funding sources business owners received is in one, easily accessible location.
Looking for more? Check out our resources page or reach out to your regional advisor!
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