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HomeMy WebLinkAboutWDOS- Oshkosh ARPA Application 2024_American Rescue Plan Act (ARPA) Funding Application for Non-Profit Entities,Community Groups,and Neighborhood Associations Due Date:March 1,2024,4:30 PM Application must be completed in full to be considered. Submit complete application &budget sheet electronically to citymgr@oshkoshwi.gov -or Mail -City Manager’s Office,215 Church Ave –PO Box 1130,Oshkosh WI 54903-1130 -or Place in City Hall Dropbox Attachments,brochures or other materials may be included as part of the application packet.Application Review Criteria The electronic version (including email message and all attachments)cannot exceed 10 MB GENERAL INFORMATION 1.Name of Project/Program:Covid Relief 2.Organization Name:White Dragon Oriental store 3.Address:1120 N-main street Oshkosh,WI 54901 4.Primary Contact Person:Jenny Xiong 5.Title:Store phone Phone:920-312-5345 6.E-mail:Jennyxiong76@gmail.com 7.If applicable:Federal Tax Identification Number:456-102492325-03 8.If applicable:DUNS number:- Provide Mission Statement/Purpose: Eliminate cost burdens so that our business can be at full potential in order to become a place customers can go to get their Asian grocery needs. PROPOSAL OVERVIEW –must match Budget Overview sheet Funds Requested Total Project Cost Annual Organizational Budget $300,000 $350,000 $50,000 1 PROPOSAL DETAILS (Please limit to 700 words) Since covid-19,it has been hard to buy specific goods and supplies to provide for the business. Because of that,We lack customers and that creates little to no money to supply the things we need to get in order to keep the business in stock. The relief fund would help get our business up to its full potential,by creating a reliable place for customers to get all the Asian dry goods and produce they need.Making smaller changes into bigger ones,we want to create an exciting place for customers to come and enjoy their time while they’re there. Such as building a kitchen to serve Asian cuisines to customers who visit our current grocery store. PLEASE COMPLETE THE ATTACHED BUDGET OVERVIEW AND SUBMIT WITH YOUR APPLICATION. 2 BUDGET OVERVIEW /INCOME AND EXPENSES ORGANIZATION NAME:White Dragon Oriental Store REVENUE SOURCE PROJECTIONS Estimated Funding for this Project/Program Proposed ARPA Funding 300,000 OAUW Funding Donations/Other Fundraising Internal/Self-Funding Other –list: TOTAL REVENUES $300,000 EXPENSES REGULAR OPERATING EXPENSES Project/Program Budget (PROPOSED) Salaries/Benefits (2 new employees) 66,560 Occupancy Professional Fees/ Contracted Services Business Loan 39,557 Program/Office Materials POS System 1,685 Marketing/Printing Signage 2,000 Professional Development Business growth 150,000 Supplies/Materials Other –list:Machinery Fixes 20,189 Other –list:Dry goods &produce 50,000 Other –list: COVID RELATED EXPENSES (please identify) Other:Line of credit for past supplies 20,009 Other Other TOTAL EXPENSES $350,000 NOTE:Revenues and Expenses must balance 3 THE APPLICATION CERTIFIES TO THE BEST OF ITS KNOWLEDGE: 1.The information submitted to the city of Oshkosh (“City“)in this application,and substantially in connection with this application,is true and correct. 2.The applicant is in compliance with applicable laws,regulations,ordinances and orders applicable to it that could have an adverse material impact on the project. Adverse material impact includes lawsuits,criminal or civil actions,bankruptcy proceedings,regulatory action by a governmental entity or inadequate capital to complete the project. 3.The applicant is not in default under the terms and conditions of any grant or loan agreements,leases or financing arrangements with its other creditors that could have an adverse material impact on the project. 4.The applicant has to close,and will continue to disclose,any occurrence or event that could have an adverse material impact on the project. THE APPLICANT UNDERSTANDS: 1.This application and other materials submitted to the City may constitute public records subject to disclosure under Wisconsin’s Public Records Law.The applicant may mark documents “confidential”if the documents contain sensitive information. 2.Submitting false or misleading information in connection with an application may result in the applicant being found ineligible for financial assistance under the funding program,and the applicant or its representative may be subject to civil and/or criminal prosecution. YES NO (circle one)I certify that the requested funding is needed to ensure this project will happen in the City of Oshkosh. Signature JennXionDate 2/24/2024 Authorized representative of Applicant/Organization PRINTED NAME:Jenny Xiong TITLE OF APPLICANT:Owner ORGANIZATION NAME:White Dragon Oriental Store