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County announces Small Business Grant Program for Restaurants, Bars and Gyms

By Staff | Jan 21, 2022

WAILUKU — Mayor Michael Victorino recently announced a partnership with Maui Federal Credit Unions to launch the Maui County Small Business Grant Program for Restaurants, Bars and Gyms. The grant uses American Rescue Plan funding to help businesses struggling in the ongoing COVID-19 pandemic.

Applications will be available online at https://www.mauinuistrong.info/maui-county-small-business-grant. Applications will only be accepted online and will not be available at the credit unions.

A form 1099 is required upon application (consult your tax preparer.)

Grants are being offered, not business expense reimbursements.

“I encourage operators of qualifying restaurants, bars and gyms to take advantage of this opportunity to get a $5,000 grant to help them weather this pandemic,” Victorino said.

“Mahalo to the six Maui Chartered Credit Unions for making this collaborative effort possible. They are: Gary Fukuroku, president and CEO of Maui County Federal Credit Union; Clayton Fuchigami, president and CEO of Maui FCU; Trevor Tokishi, president and CEO of Valley Isle Community FCU; Gary Muraoka, president of Kahului FCU; Kelly Tobita, CEO of Maui Teachers FCU; and Craig Kinoshita, president and CEO of Wailuku FCU.”

The businesses need to qualify for the grant. Qualifications include:

Providing proof of a 25 percent decline in gross revenue from 2019 to 2020, verified by the State of Hawaii.

Having a commercial location in Maui County, and showing proof of a current lease or rental agreement and been in business before Jan. 1, 2021.

Be registered and active with the State of Hawaii Department of Commerce and Consumer Affairs and/or sole proprietors.

Having $2 million or less in gross revenue in 2020, as verified by the State of Hawaii Tax Form G49 (General Excise/Use Annual Return and Reconciliation).

Businesses do not need to be a credit union member to apply.

Grants are limited to one applicant per business and business owner.

If you have any questions, call the Kokua Maui County Grant hotline at (808) 270-5745 Monday through Friday between 7:45 a.m. and 4:30 p.m.