INFORMATION & SUPPORT
Parowan Chamber Business Support Meeting
Please join us weekly. We are going to share ways to Adapt, Innovate & Overcome. We have great resources to share with you for your small business and we can all share ideas to help each other during this time.
Tricia Harris is inviting you to a scheduled Zoom meeting.
Topic: Parowan Chamber Business Support
9:00am Every Monday Morning
Join Zoom Meeting
Meeting ID: 363 061 175
If not joining with your computer audio dial the number below, you'll need to enter the meeting ID above.
+1 301 715 8592 US
SUU Business Resource Center
Good Morning Friends and Business Owners,
We want to help you beat any new challenges that have developed in recent weeks. Our counselors have been walking many many people through the different options available and how to apply for them. It seems like there are different programs and opportunities coming out daily. Don't put all of the burden on yourself. Let us help you. Our counselors are keeping up with the most up-to-date information and would love to help you find answers to any questions that have come up.
Please contact me to set up an appointment and I will make sure I get you on their schedules.
Thank you for all that you do for our community.
Southern Utah University
Business Resource Center Outreach Specialist
Office: (435) 586-7806
Mobile: (702) 236-2861
Rapid Response Team
The Utah Economic Response Task Force has created a Rapid Response Team to ensure Utah businesses and individuals understand and utilize federal programs designed to help businesses during the coronavirus pandemic. Information on Paycheck Protection Program (PPP) and Economic Injury Disaster Loan (EIDL) can be found here. If you have questions regarding the SBA Paycheck Protection Program, the SBA Economic Injury Disaster Loan program, or other programs on this page, please send an inquiry to the Utah Economic Task Force Rapid Response Team.
Economic Injury Disaster Loans
Economic Injury Disaster Loans. Businesses can apply directly with the SBA and its possible the first $10K would be awarded within a few days and I just learned today it is possible for the $10K to be forgiven.
Economic Injury Disaster Loans and Loan Advance
In response to the Coronavirus (COVID-19) pandemic, small business owners in all U.S. states, Washington D.C., and territories are eligible to apply for an Economic Injury Disaster Loan advance of up to $10,000. The SBA’s Economic Injury Disaster Loan program provides small businesses with working capital loans of up to $2 million that can provide vital economic support to small businesses to help overcome the temporary loss of revenue they are experiencing.
The loan advance will provide economic relief to businesses that are currently experiencing a temporary loss of revenue. This loan advance will not have to be repaid.
SBA Disaster Relief Assistant
IMMEDIATE JOB OPENINGS AVAILABLE!
The Small Business Administration recently announced the SBA Disaster Assistance Loan Fund. With this announcement, the SBA, in partnership with PlusOne Company and Accelerant, is seeking a large number of individuals who can fill temporary positions to take the incoming calls from businesses in need. Specialists would answer questions of business owners seeking to access the loan assistance funds, helping them understand program requirements, and assisting them to take the next steps.
Positions are currently open. This is a temporary position expected to last for 3-6 months. Qualifying new hires would start IMMEDIATELY.
All positions start at $16/hour
Full-time and part-time shifts available
Multiple shift times will be offered around the clock, 24/7
Unemployment for 1099 er's
Information Tricia Harris got from Amber Jackson.
This was information from Amber Jackson who is a Department Workforce Services - Employment Specialist. (Amber lives in Parowan)
I'm a 1099 employee and we are thinking of shutting down for a few weeks/months during COVID. Can you point me in the right direction to start applying for 1099 unemployment.
Hey there! Yes, go onto the create a new claim on unemployment and give them as much information as you can. Unemployment is taking about 2-3 weeks to process claims and you need to File even if it says your amount will be zero, and report a weekly claim every week to stay eligible for unemployment if they determine you can receive a payment.
Thank you, and feel free to contact me if you need anything.
Workforce Development Specialist (Iron,
Beaver and Garfield Counties)
O: (435) 865-6550 M: (435) 414-5623
176 E 200 N, Cedar City, Utah 84720
6 Minute Explanation Video on Economic Injury Loans
From Chris McCormick President, CEO Cedar City Chamber of Commerce
Payroll Protection Program
It starts April 3rd and it is believed this money will go quickly. Businesses can apply with their bank and the loan would be in the amount of 2.5 months of their payroll costs. If the loan is used for approved purposes (payroll, rent, utilities) then it can be forgiven.
Attached is an information sheet from the US Chamber of Commerce on a paycheck protection program. The link below is also to this information sheet. This may or may not apply to you, but we wanted to get this information out to our businesses who may be experiencing difficult times. Best of luck and stay safe.
Info on all of the loans - Thanks Chery Meibos for the information
I received this powerpoint today. It is helpful in explaining the different loans available to businesses and the application process.
NowCFO Salt Lake Team
Toni Martinez | Business Development
NOW CFO: www.NowCFO.com
We want to thank you for joining todays webinar for the SBA Disaster loans & PPP application process. I have attached the slides from the power point and the forms to apply. I will be sending another email with the additional forms that may be required. Additionally, I added the zoom recording from the webinar. Remember you will need a zoom account to watch the video.
If you have any questions or would like help applying please reach out to the NowCFO team. We have trained consultants who can help prepare company documents and walk you through the application process.
EXPIRED OR PAST
Small Business Bridge Loan Program
Deadline APRIL 3rd
The Utah Governor’s Office of Economic Development is offering a bridge loan to Utah-based small businesses with 50 or fewer employees impacted by the COVID-19 pandemic. Loan amounts range from $5,000 to $20,000 with 0% interest for up to a 60-month period. Loan amounts shall not exceed three months of demonstrated operating expenses. Loan payments are deferred for 12 months. GOED will use up to 25% of the funding for rural Utah businesses.
Resources for Businesses: coronavirus.utah.gov/business
Rural Development Covid-19 Response: rd.usda.gov/coronavirus
Portal to apply for loans: covid19relief.sba.gov/#/ *portal will not open until new funding passes the House and is signed by the President
Senator Lee's Office: Justin Anthony, Business Outreach Director - firstname.lastname@example.org; 202-603-4617 (cc'd)
Senator Romney's Office: Scott Albrecht, Central & Southwest Utah Director - Scott_Albrecht@romney.senate.gov (cc'd)
Governor's Office of Economic Development: Ryan Starks, Managing Director of Urban and Rural Business Services - email@example.com (cc'd)
SDBC Utah: utahsbdc.org