As directions continue to come down from Governor DeWine's office, we will continue to keep our members as up to date as possible with details, next steps, and any information to help you survive this pandemic. It is our goal to provide you with the most relevant and accurate information to assist your business through this trying time.
Chamber Updates March 30, 2020
On Friday, as you know, the CARES Act was passed and in it is tons of important information for you, your employees, your business, your neighbors, and your friends! Be sure to stay up-to-date with all of the important details and certainly reach out if you are in need of any clarification or assistance. We have many members who can assist you, so PLEASE do not hesitate to ask for help. Click here to read all about the CARES Act.
This week at YOUR Chamber...
1. Just added to our calendar for Wednesday, April 1, 2020 (no joke) at 10:30 a.m. is a live webinar with SCORE talking about Cash Projections for your Business & What you need to Know! Click here to learn more and to register for this webinar.
2. Friday, April 3, 2020 at 8:00 a.m., we will host the Women's Leadership Coalition event as a Live Webinar! Barb Girson will be talking about Leadership Blind Spots and has added a special drawing, so be sure to sign up!. Click here for all of the details.
Connie Sprull, SBDC Certified Advisor 614.325.5452 firstname.lastname@example.org
The U.S. Small Business Administration is offering designated states and territories low-interest federal disaster loans for working capital to small businesses suffering substantial economic injury as a result of the Coronavirus (COVID-19).
Thanks to a concerted effort by partners throughout the state, Ohio small businesses can now apply for SBA Economic Injury Disaster Loans (EIDL). SBA’s Economic Injury Disaster Loans offer up to $2 million in assistance and can provide vital economic support to small businesses to help overcome the temporary loss of revenue they are experiencing.
To apply, begin below.
These loans may be used to pay fixed debts, payroll, accounts payable and other bills that can’t be paid because of the disaster’s impact. The interest rate is 3.75% for small businesses. The interest rate for non-profits is 2.75%. EIDLs have long-term repayment options, up to a maximum of 30 years. Terms are determined on a case-by-case basis, based on borrower's ability to repay.
For questions or help, call the SBA's Disaster Customer Service Center at 800-659-2955 or email email@example.com. Individuals who are deaf or hard-of-hearing can call 800-877-8339.
Combatting the Coronavirus: Resources & Guidelines for Business Learn more >>