The Mayor's Message Board
Archive for the ‘Announcements’ Category
OHIO BUSINESS FUNDING OPPORTUNITIES:
Lt. Governor Jon Husted announced the creation of three programs to help small and medium-sized businesses in Ohio during the COVID-19 pandemic. The programs will be administered by the Ohio Development Services Agency:
- Ohio PPE Retooling and Reshoring Grant Program
- Ohio Minority Micro-Enterprise Grant Program
- Appalachian Region Loan Program
Ohio small businesses can learn more about these and other resources available through the Office of Small Business Relief and Development at Coronavirus.Ohio.Gov/BusinessHelp.
The Small Business Association (SBA) released its Loan Forgiveness Application for the Paycheck Protection Program (PPP) loan.
The chart below highlights each of the PPP loan provision modifications:
|Provision||Original PPP Loan Provision||Updated PPP Loan Provision|
|Loan term/maturity (excess left after loan forgiveness)||2 years||5 years
|Loan – Covered Period||2/15/2020 – 6/30/2020||2/15/20 – 12/31/20
|Loan Forgiveness – Covered Period||8 weeks from disbursement of funds||The earlier of 24 weeks from disbursement of funds or 12/31/20 (borrowers receiving loans prior to 6/5/20 may elect, i.e. keep the original 8-week covered period)
|Payment Deferral||6 months from the end of the covered period||Must submit loan forgiveness application within 10 months after the last day of the covered period
|Loan Forgiveness Reduction Based on Reduction in Full-Time Equivalent (FTE) Employees||Waived if number of FTE employees is restored by 6/30/20||Waived if number of FTE employees is restored by 12/31/20 or qualify for the Exemption Based on Employee Availability*
|Loan Forgiveness Limitation||75% of the loan forgiveness amount must be attributable to payroll costs||Must use at least 60% of the covered loan amount for payroll costs
*Exemption Based on Employee Availability.
SCORE offers free live and recorded webinars & interactive courses on demand on small business topics.
Click HERE for more information on upcoming and recorded courses.
Local SCORE office
Governor DeWine announced a one-time rebate to defray the cost of restocking high-proof liquor. Beginning in mid-May, JobsOhio will provide a $500 rebate for eligible purchases made through Ohio Liquor Contract Agencies. This is one of many innovative programs developed by JobsOhio to assist businesses as they navigate the impact of the pandemic. For more rebate information and program registration, visit wholesale.ohlq.com.
Below are links to continued business closures as well as the sector specific operating requirements for reopening Ohio Businesses.
- Primary Sectors: Child Care; Consumer, Retail, Services & Entertainment; Deputy Registrar; Driver Examination Services; General Office Environments; Gyms, Dance Instruction Studios, and Other Personal Fitness Venues; Local Pools, Public Pools, and Aquatic Centers; Manufacturing, Distribution & Construction; Restaurants, Bars, and Banquet & Catering Facilities/Services; Restaurant Food Establishment Guidance; COVID-19 Dine Safe Ohio Order
- Outdoor Activities
- Personal Services
- Sports and Sports Leagues
- Healthcare and Hospitals
Recommendations for Water Supply Flushing for Reopening of Buildings Under Statewide COVID-19 Transition Plan
During the Stay at Home Order, many Ohio businesses, manufacturing facilities, churches and community buildings have been vacant or only partially occupied. It is important to flush water that has been stagnant in cold- and hot-water distribution lines and fixtures. It is also critical that buildings drain, flush and disinfect devices that store water like drinking fountains, hot water heaters, dental and medical equipment, and manufacturing devices that spray or mist water.
The Ohio Department of Health and the Ohio Environmental Protection Agency have developed recommended procedures that are posted at epa.ohio.gov/Portals/28/documents/pws/guidance-for-premise-plumbing-water-service-restoration.pdf. A letter for building occupants, owners and tenants is also available at epa.ohio.gov/Portals/28/documents/pws/ODH-OhioEPA-Building-Owners-Occupants-Tenants.pdf
Is your company thinking about getting started using 3D printing but not sure how? Visit this gateway to learn more and take the 3D printing readiness assessment today.
New grant opportunity is available
Save the Small Business Grant Fund
The U.S. Chamber of Commerce Foundation has launched the Save Small Business Grant Fund. This provides $5,000 supplemental grants to small businesses with 3-20 employees in economically vulnerable communities which includes Middlefield Village.
You can begin applying April 20, 2020, at 12:00 PM. Click here to submit a reminder request to the US Chamber of Commerce (scroll to the bottom of the page) and to get more information.