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If you haven’t already signed up from the City of Powder Springs’ weekly Business Liaison Team E-newsletter from the Economic Development office, which is geared towards providing information to our local businesses, you can do so here: https://cityofpowdersprings.us4.list-manage.com/subscribe?u=30743a0077d1c03aa1278c9dc&id=e702b0b115.
The City of Powder Springs is conducting a survey for businesses and non-profits to report ongoing effects of the pandemic on their workforce and business operations. The city will utilize this information to gauge the impact of COVID-19 on the local economy, better assist organizations that are negatively affected, and support requests for state and federal emergency funding. It only take a few minutes to complete, and all responses will be kept confidential and data will be reported in aggregate. Follow this link to take the survey: https://www.surveymonkey.com/r/R9QYNMR.
Updated April 17, 2020: Lapse in Appropriations Notice: SBA is unable to accept new applications at this time for the Paycheck Protection Program or the Economic Injury Disaster Loan (EIDL)-COVID-19 related assistance program (including EIDL Advances) based on available appropriations funding.
EIDL applicants who have already submitted their applications will continue to be processed on a first-come, first-served basis.
Congress is exploring adding additional funding to COVID-19 related relief programs.
Original post is below.
SBA disaster assistance is now available to the entire state of Georgia. The U.S. Small Business Administration is offering low-interest federal disaster loans for working capital to Georgia small businesses suffering substantial economic injury as a result of the Coronavirus (COVID-19). These loans can provide vital economic support to help small businesses overcome the temporary loss of revenue they are experiencing. 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 Economic Injury Disaster Loan (EIDL) Program is now accepting applications. Apply at https://disasterloan.sba.gov/ela or click here. Additionally, near the end of the form, businesses can check a box to receive a $10,000 advance (followed by fields to fill in the name of his/her bank, the routing number and the account number). The $10K advance is the Emergency Economic Injury Grant. The grant does not have to be repaid, and is immediate cash for a small business.
The Paycheck Protection Program (PPP) is a loan designed to provide a direct incentive for small businesses to keep their workers on the payroll. The application is now open to all qualified businesses. Visit the program website at www.sba.gov/funding-programs/loans/paycheck-protection-program-ppp or click here.
All small businesses and non-profits in need of disaster assistance are encouraged to apply for these loans. Visit the SBA website periodically to keep updated on loan information.
The University of Georgia Small Business Development Center at Kennesaw State University is here to answer your questions and help you address any concerns you may have about your business including cash flow, payroll, marketing, the effect of the COVID-19 virus on your business and keep you up-to-date on the latest on the SBA Economic Injury Disaster Loan Program.
To schedule a teleconference appointment with an SBDC consultant at the KSU office, email firstname.lastname@example.org or call 470-578-6450.
The University of Georgia Small Business Development Center is teaming up with the Georgia Department of Community Affairs and the Georgia Department of Economic Development to provide the small businesses of Georgia with vital information and assistance during this time of need. In addition to the details at the website linked below, there will be 12 regional webinars to answer your questions and provide support.
Manufacturers, Distributors & Artisans of Powder Springs: YOU can help Georgia fight COVID-19! If you’re able to produce critical healthcare items for our state’s medical workers and first responders, please complete this form: https://www.georgia.org/covid19response.
Please also print a copy of your completed form (either print and scan, or save as PDF) to submit to Powder Springs City Hall to let the city know of your efforts to create these essential items, as we hope to feature you on our website and social media channels. Send your completed forms to our communications consultant at email@example.com.
The Cobb Chamber created the Cobb Shops To Go Facebook page devoted to promoting small business across the county. Businesses can post their current deals and the latest information on offering to go or curbside services.
Visit the Cobb Shops To Go Facebook Page and submit your business info!