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Oklahoma Business Relief Program

Oklahoma Business Relief Program

Submit your documents below.

 

Developed to help local businesses across the state overcome the economic challenges of COVID-19, the Oklahoma Business Relief Program (OBRP) offers vital funding for qualifying businesses that have suffered revenue loss due to the pandemic. Governor Kevin Stitt has designated $50 million in Federal CARES Act funds for the program.

Starting June 29, Oklahoma businesses can request to apply for OBRP through participating financial institutions, like FNB Community Bank. FNB will evaluate applications based on the program rules and make a preliminary determination of business eligibility.

Applications and supporting documents will be submitted by the financial institution to the Oklahoma Department of Commerce for a final determination of eligibility. Applications will be accepted on a first-come, first-served basis, and funds will be provided to the business through the financial institution; however, at least twenty-percent of the program funds will be designated for minority owned businesses.

 

Please see Program Rules for full details.

Oklahoma Business Relief Program Rules

Download Program Information in PDF

 

Grant Details

Funds

  • Maximum of $25,000 per grant 
  • Grant amount equal to two months of average total payroll based on either:
    • Average of 2019 total payroll; or,
    • Average of January-February 2020 total payroll
  • This is a grant program and not a business loan.

Usage

In general, grant funds may be used for business expenses for which the business has not or will not receive reimbursement from another source such as other federal, state or city grants or insurance proceeds. 

Please see program rules for details as to eligible and ineligible expenses and businesses.

 

Business Application Period: June 29 – July 10, 2020

Business and Financial Documents

Prepare for an application by gathering these documents in advance.  

  • Oklahoma driver’s license, Oklahoma state identification card, or passport. 
  • Any relevant and accurate documents typically maintained in the ordinary course of business to show revenue received from business activities from January to May of 2020.
  • Any relevant and accurate document typically maintained in the ordinary course of business to show revenue received from business activities from January through May of 2019 if the business was operating prior to the year 2020.
  • Payroll documentation indicating the business’s average 2019 monthly payroll, if the business was operating in 2019.
  • Payroll documentation indicating the average of the business’s January and February 2020 monthly payroll
  • Documents proving current business ownership, formation prior to 1/1/2020 and continuous business activity from 1/1/2020 through the date of the grant application.
  • Proof of payment of the business’s most recent quarterly or yearly taxes with the Oklahoma Tax Commission, depending on what the business is required to file. 
  • Passport, Birth Certificate or Tribal Identification Card required if applying as a Minority Owned Business

Application Documents

OBRP Business Certification Letter

OBRP Application Form

 

Submit your documents below to our secure online portal.

Applications and supporting documents will be submitted by FNB Community Bank to the Oklahoma Department of Commerce for a final determination of eligibility. Applications will be accepted on a first-come, first-served basis, and funds will be provided to your business through FNB Community Bank.

 

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