Resources for Businesses impacted by COVID-19
**Looking for a positive connection to other entreprenuers across the country? Check out #openwestand to learn new ideas from others (for example, how to go digital) or to share your ideas and support!
- Information regarding Filing for Unemployment can be found here.
- **Employers are required to file partial claims on behalf of their employees whenever it is necessary to temporarily reduce work hours or there is no work available for a short period. This partial claim needs to be filed by the employer, not the employee. More information can be found here. Reach out to firstname.lastname@example.org with questions related to unemployment, and I will try to get answers from our local representative.
- Click here for important FAQs around partial claims!
- GA DOL: Information regarding job openings can be found here.
- Other known job openings based on 3.20.2020 information:
- Click here to see and annoucnement from the U.S. Treasury Department, Internal Revenue Service (IRS), and the U.S. Department of Labor (Labor) for small and midsize employers. You can begin taking advantage of two new refundable payroll tax credits, designed to immediately and fully reimburse, dollar-for-dollar, for the cost of providing Coronavirus-related leave to their employees.
- Additional information from the IRS can be found here.
- Small Business Administration related to Disaster Loan Assistance: It is encouraged that business owners fill out the application online. However, we are hearing that the website may be slow or overloaded. Keep trying. I will update everyone if I can find other solutions. If you are able to get to the online application, make sure to provide complete information. If you do not, it will slow the process down or your application may be overlooked. There is an SBA team that is availalbe to answer questions at 800-659-2955 (800-877-8339 for the deaf and hard-of-hearing) or by sending an email to email@example.com. Click here for additional information and pointers for the loan application.
- Intuit Small Business Funding (for QuickBooks customers): If you are a QuickBooks customer with personal and business credit history and revenue of at least $50,000 over the past 12 months, you may be eligible for a loan up to $100,000. Apply here.
- Square Capital Financing: If you are a Square customer, Square Capital supports eligible businesses with loans between $500-$250,000. Log in to your Square Dashboard, or learn more here.
- Toast Capital Financing: If you are a Toast customer, eligible restaurants can access capital without a credit score requirement via Toast Capital. Learn more here.
- Kabbage Line of Credit: Kabbage provides small businesses with a simple online application that can be paid over 6, 12, or 18 months with no origination fees. If it makes sense for your business, you can explore applying to a line of credit up to $250,000 here.
There are a couple of free resources that can be utilized by business owners, especially in a time of crisis.
- Small Business Development Center (SBDC): Their focus during this unique and challenging time is helping small businesses with a tactical plan, cash flow issues, and connecting them with the resources that may be of help. They have three experienced business consultants on staff who have the experience to help small business during challenging times. Virtual appointments may be scheduled by calling 706-622-2006 or emailing firstname.lastname@example.org. Other resources are available at https://georgiasbdc.org.
- Our local SCORE representative can be a virtual resource as well and can be reached at James.McKnight@scorevolunteer.org.