Though final details will not be released until Thursday when the grant application goes live on the MyAlabamaTaxes webpage, some initial info (subject to change) will help small businesses prepare to apply in time.

Eligible business interruption expenses are those incurred from March 1, 2020, through application date, that can include, but is not limited to

• Rent
• Utilities
• Mortgage Interest
• PPE
• Payroll costs

Amounts of these expenses must be substantiated. While that's not clearly defined at this time, copies of checks or a quality bookkeeping system could suffice.

Finally, the expenses must be related to the COVID19 pandemic.

The sum of the qualifying expenses must be reduced by any PPP loan, EIDL advance, PUA or other federal assistance program received.

Any remaining expenses can then be applied for as a grant, with a maximum of $15,000.

Stay tuned to Alabama Department of Revenue for more updates and changes. You can go to the Revive Alabama webpage for FAQ and more, including if your new business could qualify, if you had enough (or too many) employees, and more.