Vast Bank, N.A. "We had to keep get these dollars out to the street and into some of these businesses, so we can keep our citizens employed.

COVID-19 cut deep into her pocket and keeping the doors open was proving to be difficult. 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. The great thing about this program is that it is a grant, not a loan, so you won't need to pay any of it back. With Rewards Checking, you can earn more than, Large to Small Business Relief in Oklahoma : Up to $25,000 in Grant Funds. Payroll documentation indicating the average of the business’s January and February 2020 monthly payroll. Connect with friends faster than ever with the new Facebook app. Businesses participating in or expecting to receive funds from the Oklahoma Manufacturing Reboot Program or Oklahoma Bounce Back Program, Businesses that do not meet the definition of “eligible businesses”, Businesses that dedicate 50% or more of their time or resources to lobbying activities, Businesses that exist for the purpose of advancing partisan political activities, Complete your pre-application documents and email us at.

"We knew that would happen," said Kisling. 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. Thank you for helping support Oklahoma businesses. All rights reserved. "It was tough we weren't making any money," said Sauls. Let us help you get flexible financing for commercial real estate and equipment loans.

Vast is a name that reflects our ever-evolving mission to serve our customers throughout their entire banking journey. If your financial institution would like to participate in OBRP, please complete the participation form. Fashion has been Charlet Sauls' life for decades and she keeps up with it by running her own boutique.

The monthly source for economic development from the Oklahoma Department of Commerce. Federal, state, and local governments have created relief assistance to support small business owners. There is a 3% fee with a cap of $500 to apply to this program. This large to small business relief program offers a maximum of $25,000 per grant.

If you're applying with Vast Bank, we as ask that you to fill out the following forms to apply for OBRP. Right now there are no plans to add an additional phase to help out the business owners who missed out.

The Oklahoma Business Relief Program (OBRP) offers vital funding for qualifying businesses that have experienced revenue loss due to the pandemic. 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. The Oklahoma Department of Commerce will make final determination of eligibility and transmit the funds to Vast Bank. Phase two kicked off Tuesday morning  and in just one hour, the $50 Million allocated for the program was already used up. Businesses that generate any part of its income from gambling activities, adult activities or activities performed in violation of state or federal law. This information and recommendations contained herein is compiled from sources deemed reliable, but is not represented to be accurate or complete.

nor its affiliates are acting as your agent or is offering any tax, accounting, or legal advice. makes no representation concerning and is not responsible for the quality, content, nature, or reliability of any hyperlinked site and is providing this hyperlink to you only as a convenience. Sauls was one of about 2,500 applicants during phase one, giving her business a life line. The third party is responsible for website content and system availability. Business applications and distribution of funds will be processed through participating local financial institutions. In no event shall Vast Bank, N.A.

dolor sit aet consectetur adipisicing elit sed do eiusmod. The program offers a maximum of $25,000 per grant. As the effect of the pandemic continues to hurt bottom lines, the state is using the Oklahoma Business Relief Program to get help to those trying to stay afloat.

Eligible business types include but are not limited to sole proprietorships, independent contractors, partnerships, corporations and nonprofit entities such as 501(C)(3) and 501(C)(6). All business types that are required to register with with the Secretary of State must be in good standing. Banks, credit unions, life insurance companies, finance companies, factoring companies, investment companies, mortgage companies, bail bond companies, & other businesses whose stock in trade is money and mortgage companies. Payroll documentation indicating the business’s average 2019 monthly payroll, if the business was operating in 2019.

Please see program rules for details as to eligible and ineligible expenses. There is a new state grant that you can take advantage of for large to small business relief to help recover from the economic crisis. Starting June 29, Oklahoma businesses can request to apply for OBRP through participating financial institutions. 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. Passport, Birth Certificate or Tribal Identification Card required if applying as a Minority Owned Business. This large to small business relief program offers a maximum of $25,000 per grant. For more information, please review the program rules. Starting Monday, June 29, Oklahoma businesses will be able to apply for grant funds through the Oklahoma Business Relief Program (OBRP). There are eligibility requirements in order to apply for this program.

Please. Vast Bank will help you collect the correct financial information, make a preliminary determination of eligibility, and complete the application, which will then be transmitted to the Oklahoma Department of Commerce along with supporting documents by Vast Bank. We're an SBA approved lender. is not responsible for and has no control over the content of the web sites that have links here. Current on their most recent quarterly or yearly taxes with the Oklahoma Tax Commission, depending on when the business is required to file. We'll complete the application process on your behalf. The grant funds will be given to your business by Vast Bank to be used for business-related expenses. First Fidelity Bank is proud to be a provider for the new Oklahoma Business Relief Program (OBRP). "I think we all need a little pick me up in our life," said Sauls. You can apply for the OBRP program starting June 29th.

The news from Oklahoma Now (now.okcommerce.gov) can now be found on the new and improved okcommerce.gov.

Vast Bank is an approved financial institution for this program and will evaluate applications based on the program rules and make a preliminary determination of business eligibility. Please complete pre-application documents before contacting Vast Bank. In providing this information, neither Vast Bank, N.A. Has your business been affected by COVID-19? The fee may not be paid from relief funds. Our guide to Coronavirus Small Business Relief for Oklahoma provides information on grants, loans, tax relief, and emergency assistance for all … The great thing about this program is that it is a grant, not a loan, so you won't need to pay any of it back. Business applications and distribution of funds will be processed through participating local financial institutions. A grant from the state of Oklahoma that uses Federal CARES Act funds could help get your business back on its feet. By selecting any external link on www.vast.bank, you will leave the Vast Bank, N.A.

Businesses must meet ALL of the following conditions: Vast Bank offers this program to current Vast Bank customers only. Developed to help local businesses across the state overcome the economic challenges of COVID-19, the Oklahoma Business Relief Program (OBRP) will offer vital funding for businesses that have suffered revenue loss due to the pandemic. The Oklahoma Business Relief Program ("OBRP" or "the program") is designed to provide necessary relief to Oklahoma businesses who have been negatively impacted by the effects of COVID-19. For questions, please email lenders@okcommerce.gov. Vast Bank customers now have access to more than 56,000 surcharge-free ATMs. This is a grant program and not a business loan. Copyright© 2020 Vast Bank, N.A. Prepare for an application through Vast Bank by gathering these documents in advance. Governor Kevin Stitt has designated $50 million in Federal CARES Act funds for the program. "That was a wonderful opportunity to give us a little revenue to kind of keep the bills going so we weren't able to fold up," said Sauls. Must have suffered a revenue loss of 25% or more from March through May 2020 that is substantially caused by the impact of COVID-19 compared to any one of the following time periods: January 2019 through December of 2019; March 2019 through May of 2019; or January 2020 through February of 2020. "Those first few weeks in March, literally no one shopped and it was devastating to our business.". With Rewards Checking, you can earn more than 30X the national average. NOTICE: Vast Bank, N.A. Operated continuously in Oklahoma from at least 1/1/2020 through the date of the receipt of application, and is a going concern for the future. The Oklahoma Business Relief Program (OBRP) offers vital funding for qualifying businesses that have experienced revenue loss due to the pandemic. You may download and pre-fill these documents prior to emailing us at OKrelief@vast.bank.

I think the next couple of months will be huge and the Business Relief Program will contribute to that.".

If you are applying through Vast Bank, applications and supporting documents will be submitted on your behalf to the Oklahoma Department of Commerce for a final determination of eligibility. We're dedicated to serving our customers better along every step of their journey including our new landmark headquarters in Downtown Tulsa. Developed to help local businesses across the state overcome the economic challenges of COVID-19, the Oklahoma Business Relief Program (OBRP) will offer vital funding for businesses that have suffered revenue loss due to the pandemic.

The grant amount is equal to two months of average total payroll based on either: average of 2019 total payroll; or, average of January-February 2020 total payroll. Get working capital to keep your business going.

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