; or (II) which— (aa) had less than 20 employees during the period described in clause (i) of subparagraph (B); (bb) had less than $1,500,000 in annual gross receipts (as determined under clause (ii) of such subparagraph); and (cc) as part of their application under subsection (b), has made a good faith certification that the uncertainty of current economic conditions makes necessary the grant request to support the ongoing operations of such entity; (ii) which has elected to provide reduced work hours to employees pursuant to a short-time compensation program; and (iii) which is not— (I) a hedge fund or a private equity fund, as defined in section 13(h) of the Bank Holding Company Act of 1956 ( 12 U.S.C. 1851(h) ); (II) a corporation the stock of which is publicly traded; or (III) a publicly traded partnership (as defined in section 7704(b) of the Internal Revenue Code of 1986). (B) Rules for certain employers (i) Employees The period described in this clause shall be, at the election of the entity— (I) the period beginning on February 15, 2019, and ending on June 30, 2019