The bill SB20B-001 provides $57 million in direct aid, grants, and annual fee waivers to struggling small businesses and also creates grant programs and allocates funds specifically for art and cultural organizations as well as minority-owned businesses. Keep informed about funding programs at the Colorado Office of Economic Development & International Trade (OEDIT) (https://oedit.colorado.gov). You may wish to read the bill details at COVID-19 Relief Small And Minority Businesses Arts Organizations | Colorado General Assembly (https://leg.colorado.gov/bills/sb20b-001)
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For the latest COVID-19 assistance from the U.S. Small Business Administration (SBA):
Paycheck Protection Program, rounds 1 and 2, information and resource page: www.sba.gov/ppp
If you can’t find answers to your questions about forgiveness, call 1-800-347-0922.
Economic Injury Disaster Loan (EIDL) has been extended to the end of the year 12/31/21:
(www.sba.gov/funding-programs/disaster-assistance/economic-injury-disaster-loans).
For EIDL program questions or assistance, contact the SBA’s Customer Service Center at 1-800-659-2955 or disastercustomerservice@sba.gov. Remember to include your name, business name, phone number, email, and loan #. Ask that a loan officer respond by emailing you or calling you directly.
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County Resources:
Adams County Small Business Stabilization Program and Mini-Grant applications:
http://adamscountycovid19.org/financial-support
Arapahoe County Small Business Relief Fund Grant (deadline is 1/31/21):
www.arapahoegov.com/2154/Small-Business-Relief-Fund-Grant
Five Star Recovery Partner Program: www.arapahoegov.com/fivestar
Douglas County Small Business Relief Grant (deadline is 1/29/21):
www.douglas.co.us/small-business-grant-program
Tri-County Health Department also gives Safer At Home Guidance for Business:
https://www.tchd.org/836/Safer-at-Home-Guidance-for-Businesses.
You can Connect by webinar or see many valuable links to Guidance information.
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The State of Colorado sites may be useful for small business to keep up with COVID-19 information as it changes:
“Colorado’s dial framework about different levels of “openness” at the county level. It is a tool for counties to use to make life during the pandemic more sustainable, allowing us to balance, to the greatest extent possible, controlling the virus with our social and economic needs.” Visit the state site: https://covid19.colorado.gov. You can look for guidance by sector: https://covid19.colorado.gov/guidance-by-sector.
Can’t find an answer? Submit your COVID-related issues and concerns online: https://covid19.colorado.gov/CovidConcerns.
