Recovery & Resiliency
Table of Contents
Chamber Recovery Pages
Mental Health Resources
Restaurants - Classic City Love
Chamber Recovery Pages
Upcoming Chamber Chats
Thursday, August 13th at 10:30 AM
Recurrring Chamber Chats
The Georgia Chamber hosted a Resiliency & Recovery Town Hall with Governor Brian P. Kemp. Governor Kemp provided a COVID-19 update for the state covering everything from health and safety to business and the economy.
Governor Kemp signed Senate Bill 359 into law which protects Georgia businesses from liability due to the transmission of COVID-19. The bill provides a heightened standard of gross negligence for three types of claims: (1) claims for transmission of COVID-19, (2) claims for medical malpractice related to COVID-19, and (3) claims against manufacturers of personal protective equipment (PPE). The final bill also contains a potential defense of “assumption of the risk” for business owners who post a sign warning of the inherent dangers of contracting COVID-19.
1. SBA Economic Injury Disaster Loan
The Small Business Association has a loan specifically for businesses that have suffered as a direct result of the COVID-19 outbreak. This loan falls solely under the Economic Injury Disaster Loan. Please follow the resources and see if this loan opportunity is a program that could benefit your business.
Navigating the EIDL can be challenging. Businesses can contact a number of Small Business Development Centers that would be more than happy to assist. Click the following for assistance: SBDC Contact Information & Locations
1a. Up to $10,000 Economic Injury Disaster Loan Advance (Grant, $1,000 per employee)
Just for filling out the SBA loan application your business could have access to a $10,000 grant for your business to cover its expenses. April 8th stipulations dictate a $1,000/employee (9 employees=$9,000). This "loan advance" does not have to be repaid and businesses can be eligible even if they do not qualify for the EDIL loan. Also if you receive the "advance" and are approved for the loan, you can decline the loan and still keep the $10,000 "advance". Whether you want the grant or not is a question on the EDIL loan application itself. This is a very easy access to funds and we are recommending everyone take the time to fill out the application and request the funds. Once again, if your application is successful, you may decline the loan itself and not have to repay the $10,000.
1b. Express Bridge Loan
Express Bridge Loan Pilot Program allows small businesses who currently have a business relationship with an SBA Express Lender to access up to $25,000 with less paperwork. These loans can provide vital economic support to small businesses to help overcome the temporary loss of revenue they are experiencing and can be a term loans or used to bridge the gap while applying for a direct SBA Economic Injury Disaster loan. If a small business has an urgent need for cash while waiting for decision and disbursement on Economic Injury Disaster Loan, they may qualify for an SBA Express Disaster Bridge Loan.
2. Coronavirus Aid, Relief & Economics Security Act (C.A.R.E)
The C.A.R.E Act is a 880 page, 2.2 Trillion dollar stimulus bill designed to provide relief to individuals and businesses with economic stress due to the coronavirus. It is the umbrella document that houses a number of Programs and Acts that deal with specific issues.
2a. Paycheck Protection Program (last updated April 20th)
The Paycheck Protection Program is a loan designed for companies impacted by the virus. Any loan funds used to help cover rent, payroll, utilities and mortgage interest do not have to be repayed. This Program is accessable through SBA 7(a) lenders only. Please contact your bank about Paycheck Protection options and applications. As of April 3rd some approved SBA lenders are accepting PPP applications while need more time to get ready for the applications.
The Paycheck Protection Program reached its $349 billion spending limit on April 16th for small businesses. The SBA is currently not accepting new applications for the PPP, however banks are still processing applications in anticipating of additional PPP funding.
Featured SBA 7(a) Lenders: First American Bank & Trust, Synovus, Bank South, Regions Bank, Pinnacle Bank, South State Bank. For more SBA 7(a) Lenders view here
The Georgia Department of Labor (GDOL) has adopted an emergency Rule 300-2-4-0.5 Partial Claims, effective March 16, 2020. The rule mandates all Georgia employers to file partial claims online on behalf of their employees for any week during which an employee (full-time/part-time) works less than full-time due to a partial or total company shutdown caused by the COVID-19 public health emergency. Any employer found to be in violation of this rule will be required to reimburse GDOL for the full amount of unemployment insurance benefits paid to the employee. Download the How Employers File Partial Claims Desk-Aid found on the GDOL Alert Page and follow the step-by-step instructions. Filing partial claims results in your employees receiving unemployment insurance (UI) benefit payments faster, usually within 48 hours for claims filed electronically. Employees for whom you file a partial claim are NOT required to report to a Georgia Department of Labor career center, register for employment services, or look for other work.
4. IRS Tax Relief
The IRS has moved tax dates due to staffing and financial stress. Please view the IRS website to view updated developments.
5. Georgia Department of Human Services
The DHS has issued a release that outlines a few of their social resources for individuals and families that are facing financial stress.
6. Grant Watch
Grant Watch is a non-profit organization that compiles grant opportunities throughout the state of Georgia.
Coronavirus COVID-19 grants, loans, funding opportunities and financial assistance to respond to the corona pandemic crisis that has impacted individuals, artists, communities, nonprofit organizations and businesses.
Mental Health Resources
Owning a small business is one of the most stressful occupations, even in the best of times when we aren't in the midst of a global pandemic. COVID-19 has brought huge health challenges to our communities and has a direct impact on our businesses, particularly small businesses. Now, more than ever, is the time to take care and manage excessive stress. Feeling stressed is a normal response to an abnormal situation, but getting overwhelmed by stress can be toxic, physically and emotionally, and at its darkest can lead to thoughts and even acts of suicide. It is important to act now and find ways to cope with stress.
With the help of the School of Social Work at the University of Georgia, we are providing support around stress and mental health to small businesses. Please check out all of the great resources below if Covid-19 has caused you excessive stress or negatively affected your mental health.
Tasks for Managers in Responding to Mental Health Needs during Social Distancing or Quarantine
The Georgia Covid-19 Emotional Support Line provides 24/7 free and confidential assistance to callers needing emotional support or resource information as a result of the Covid-19 pandemic.
This resource by Dr. Kate Castle aims to provide evidence-based, self-help information and tips for getting through the coronavirus pandemic, based on psychology, neuroscience, resilience research and Cognitive Behaviour Therapy (CBT).
Community Deals - Restaurant/Retail Operations
The Athens community is developing a one stop website that has the unique terms for restaurant operations. Your favorite spots may be more accessible than you think.
Frequently Asked Questions
Athens Clarke County Government
If you have questions related to Covid-19 concerns for your business or seeking help with business / workforce / non-profit resources and opportunities, send an email to BusinessSupport@accgov.com and have your questions answered by ACC Economic Development or a local partner organization. The Athens Clarke County Government has compiled a list of responses to some of the top questions regarding recent developments. Click HERE for responses to common questions such as:
Consideration for Events and Gatherings- Centers for Disease Control and Prevention
Social Media Toolkit- Centers for Disease Control and Prevention
Economic Relief for Small Business Owners- Athens Downtown Development Authority
Classic City Love- Kaptiv8
Garrie Vereen Memorial Emergency Relief Fund (Support for the Athens Entertainment Industry)
Covid-19 Community Response Fund- Athens Area Community Foundation
List of Essential Businesses- Athens-Clarke County Unified Government
Preparing and Responding to Coronavirus- Association of Chamber of Commerce Executives
Covid-19 Updates- Athens-Clarke County Unified Government
Covid-19 Daily Status Report- GA Department of Public Health
Coronavirus Disease 2019 Presentation- GA Department of Public Health
How to Work With Kids From Home- BELAY Solutions
10 Ways to Love Athens in Troubling Times - Envision Athens
Athens Restaurants Offering Delivery and Curbside Pickup- Online Athens
Coronavirus Related Updates and Travel Resources- Athens Convention & Visitors Bureau
Disclaimer: The Athens Area Chamber of Commerce wants to deliver pertinent, up to date information to the community but is not a banking or legal institution. On all documents presented and opinions expressed please consult a qualified professional before making any decisions for yourself or your business. Thank you for your support.