R357-1-3. Content of the Application

  (1) An application shall include the following information:

  (a) Company name;

  (b) Federal tax ID number;

  (c) Primary North American Industry Classification System (NAICS) Code for the applicant's business;

  (d) Mailing and street address;

  (e) Telephone number;

  (f) Date that company was created;

  (g) The following additional information shall be provided in a form prescribed by the Office:

  (i) The number of full time employees employed by the applicant for the prior two calendar years; and

  (ii) Wages paid to all of the applicant's employees for the prior two calendar years.

  (iii) Articles of incorporation, certificate of existence, state registration, or other document showing the date the business was legally formed;

  (iv) Applicant Company must demonstrate profitability for the previous 2 years, through the submission of Applicant's State and Federal tax returns for the previous two tax cycles;

  (v) If net income from tax returns is less than $1:

  (vi) Receipts for capital improvements during tax years for which Applicant provided tax returns;

  (vii) Letter of Support from local Economic Development Director (EDD) or elected official over economic development in the county, tribe, or city where the business is located;

  (viii) A report issued by the Department of Workforce Services documenting the number of employees at the company and the total wages paid to employees of the company for the past 2 calendar years; and

  (ix) If an applicant is seeking a grant pursuant to Utah Code Section 63N-3-104(5)(d), the applicant shall submit a detailed project description that demonstrates what the project is, how the project will benefit the company and how many new full-time employees applicant will hire as a result of the project.

  (x) Any other information as requested by Office of Rural Development (ORD), or the Governor's Rural Partnership Board (GRPB), or the Office.