Getting Ready for the CERTS Application

  • Logistics
  • 6/22/2021

The CERTS portal has only been open a few days, but questions and panic is setting in. Like most of the government programs over the last 15 months, there has been v...

The CERTS portal has only been open a few days, but questions and panic is setting in. Like most of the government programs over the last 15 months, there has been vague guidance and more information is likely to come out in the future. It’s good to remember that the CERTS grant is non-competitive, so the only date that is truly important is July 19, 2021. That’s the day the portal closes, so any applications submitted after that will not be processed.

So what can you do to get the ball rolling on the application?

  1. Create an account with ID.me
    • Instructions were provided here
  2. Start gathering information needed for the application
    • corporate information to validate identity
    • bank information
    • financial information from 2019 and 2020
    • employee information to validate eligibility
    • Information related to other COVID-19 Federal assistance
  3. Start working through the application.
    • Be sure to understand the certifications and questions

Some of the information needed will take some time to pull together, and some of it may not available yet (think 2020 tax returns).

Treasury also provided an FAQ on how to apply under different corporate structures here

When in doubt, reach out to an advisor for help.

This blog contains general information and does not constitute the rendering of legal, accounting, investment, tax, or other professional services. Consult with your advisors regarding the applicability of this content to your specific circumstances.

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