Are you considering replacing or upgrading your underground storage tanks? This program is a perfect match for your business. With grants ranging from $3,000 to $70,000, you can cover up to 100% of your project costs. If you run a remote public fueling station, there’s even an extra $140,000 available for your needs.

Applying for this grant means no repayment stress—it’s free money to help you meet health and safety standards. By upgrading your tanks, you enhance compliance and improve the safety of your operations. This can also minimize environmental risks, giving you peace of mind as you focus on growing your business. Don't let outdated equipment hold you back; this funding is here to help you thrive.

Type of Financing

Grants are available for small business owners who need to replace, remove, or upgrade underground storage tanks. The funding can cover up to 100% of the costs, with grants ranging from $3,000 to $70,000.

Repayment Terms and Interest Rates

Since these are grants, there are no repayment terms or interest rates associated with this funding. You receive the money, complete your project, and there's no need to pay it back.

Eligible Expenses

You can use the funds for:

• Upgrading existing tanks
• Removing old tanks
• Replacing tanks to meet safety regulations

However, it’s important to note that the funds cannot be used for activities outside of these projects. Additionally, there are no fees associated with the program, making it a straightforward opportunity for funding your necessary upgrades.

• Business Type: Must be a small business that owns or operates underground storage tanks (UST).
• Geographic Availability: Available to eligible business owners/operators; specific location not mentioned.
• Employees: No minimum or maximum number of employees required.
• Company Revenue: No minimum or maximum revenue qualifications specified.
• Legal Structure: All legal structures are applicable.
• Profit Structure: All profit structures are applicable.

Disqualifications:

• No direct disqualifications mentioned in the context provided.

This program offers grants ranging from $3,000 to $70,000 for your business to help with costs associated with replacing, removing, or upgrading underground storage tanks. These funds can cover up to 100% of your project costs to ensure you comply with health and safety codes. If you operate a remote public fueling station, you may qualify for an additional $140,000 to support the removal or replacement of outdated tanks.

Using the grant money, you can improve compliance, minimize environmental risks, and enhance the safety of your operations. This financial assistance is designed to relieve some of the burdens associated with the upgrade process, making it easier for you to focus on running your business.

There is no payback requirement for the grants, so you won’t have to worry about repayment. This makes it a fantastic opportunity to invest in your business without adding financial stress.