We have gathered the following list of resources in an effort to help our businesses be prepared for withstanding the current situation and other emergencies and disasters
Updates from the Governor's Office
|ONLINE:||Please visit www.Coronavirus.Ohio.gov for the most up-to-date information from the Ohio Department of Health.|
|PHONE:||For any questions you have about COVID-19, please call
1 (833) 4-ASK-ODH from 9:00 a.m. – 8:00 p.m (7 days/week).
|DAILY UPDATES:||Governor DeWine is holding daily press briefings at 2:00 p.m. to deliver the most recent updates as well as give updated guidance for the state’s response. These press events are carried live at www.OhioChannel.org|
Support for Small Businesses & Non-Profit Organizations
The Small Business Administration and the Treasury Department released a three-page "EZ" loan forgiveness form that certain borrowers from the so-called Paycheck Protection Program would be able to use. The business owners allowed to use the EZ application include those who are self-employed or have no employees and those who did not reduce salaries by more than 25 percent. To use the form, businesses must also certify that they didn't cut employees' hours or were unable to operate at pre-coronavirus levels because of health mandates.
Changes have been made to the Paycheck Protection Program through The Paycheck Protection Program Flexibility Act of 2020. Updates include:
- PPPFA changes amount of loan needed for payroll to 60%, rather than 75%
- PPPFA extends time period to use funds from 8 to 24 weeks
- PPPFA pushes back a June 30 deadline to rehire workers to December 31, 2020
- PPPFA eases rehire requirements
- PPPFA extends the repayment term from 2 years to 5
- Allows payroll tax deferral for PPP recipients
The Small Business Development Center team is working with businesses through the various SBA/EIDL assistance programs. You can contact Bill Wersell, Vice President Business Development Services, 419-243-8191, ext. 224 or e-mail: email@example.com
New Funding Programs to Help Ohio Businesses
Governor DeWine and Lt. Governor Husted announced the creation of three new programs to help small and medium-sized businesses to be administered by the Ohio Development Services Agency
This program provides awards up $500,000 to small and medium-sized manufacturers so they can repurpose existing facilities to make PPE or reshore PPE production to Ohio. These grants will allow small manufacturers and other entities an opportunity to create new business while contributing to the fight against COVID-19.
The $5 million program will provide grants to help businesses owned and operated by minorities and women in response to the COVID-19 pandemic.
This loan program will benefit small businesses in the 32-county Appalachian region of Ohio that have been affected by the COVID-19 pandemic.
Office of Small Business Relief
Ohio Governor Mike DeWine and Lt. Governor Jon Husted announced the creation of the Office of Small Business Relief within the Ohio Development Services Agency. The Office will coordinate state efforts to identify and provide direct support for Ohio’s nearly 950,000 small businesses.
Families First Coronavirus Response Act
The President signed into law the Families First Coronavirus Response Act which provides provisions for paid sick leave, free testing and expanded unemployment benefits.
The Coronavirus Aid, Relief, and Economic Security (CARES) Act allocated $350 billion to help small businesses keep workers employed amid the pandemic and economic downturn. Known as the Paycheck Protection Program, the initiative provides 100% federally guaranteed loans to small businesses who maintain their payroll during this emergency.
The Paycheck Protection Program is a loan designed to provide a direct incentive for small businesses to keep their workers on the payroll. SBA will forgive loans if all employees are kept on the payroll for eight weeks and the money is used for payroll, rent, mortgage interest, or utilities.
The Paycheck Protection Program will be available retroactive from February 15, 2020, so employers can rehire their recently laid-off employees, through June 30, 2020. Small businesses and sole proprietors may begin applying on April 3, 2020. Independent contractors and self-employed individuals can apply beginning April 10, 2020.
The Small Business Development Center has created a spreadsheet tool for those who received the PPP loans to track spending to assist with loan forgiveness. This is a worksheet developed to help you track the spending, but It does not ensure forgiveness or the granting of a PPP loan.
Guide to Coronavirus Emergency Loans for Small Business
BG Revitalization Loan Program
Bowling Green Economic Development would like you to be aware of a special 9% interest loan available to merchants. Loan amounts will be for $2,000 to $10,000 – First 6 month are payment-free, followed by 12 money repayment installments. If you would like the application e-mailed to you or if you have any questions, contact the Bowling Green Economic Development office at 419-353-3591 or email firstname.lastname@example.org.
Red Cross Urgent Appeal for Blood Donations
The Red Cross is in need of healthy blood donors. Over 6000 blood drives have been cancelled across our nation due to the Coronavirus outbreak. That’s an estimated 175,000 units of blood that could go uncollected. During this Coronavirus outbreak it is safe to give blood. Precautions have been put in place to protect the public.
If you are healthy and feeling well, please make an appointment now to donate in the days ahead by using the Red Cross Blood Donor App, visiting RedCrossBlood.org or calling 1-800-RED CROSS (1-800-733-2767).
For more information
City of Bowling Green
City Response to COVID-19
Bowling Green City Schools
Information from the Superintendent
BGSU Center for Regional Development
Northwest Ohio COVID-19 Resources
The Employers' Association
What Employers Need to Know
Stimulus Package Information for Small Businesses - Gilmore Jasion Mahler, LLC and the Employers Association (video download)
Federal Emergency Management Agency
Emergency Management Guide for Business and Industry
The Ohio Department of Health
Updates from the Ohio Department of Health
COVID-19 hotline: 1-833-4-ASK-ODH
U.S. Centers for Disease Control
Updates from the CDC
Wood County Emergency Management
Updates from the Wood County EMA
Wood County Hospital
Information and Updates for COVID-19