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|
Nonprofit Reimbursing Refief Grants
The Ohio Department of Job and Family Services (ODJFS) is providing up to $25 million in federal Coronavirus Aid, Relief and Economic Security (CARES) Act grants to nonprofit agencies that serve low-income Ohioans and have been adversely impacted by the COVID-19 pandemic. These are discretionary grants, and ODJFS will distribute awards proportionally based on the eligibility criteria
Funds must be spent by December 31, 2020.
Office of Small Business Relief
$125 million in CARES Act funding to provide grants to small businesses with no more than 25 employees has been approved by the State Controlling Board. The grant funding will help businesses pay for a variety of expenses, including mortgage or rent payments; utility payments; salaries, wages, or compensation for employees and contractors; business supplies or equipment; and other costs. The application for the Small Business Relief Program will be available November 2, 2020 at businesshelp.ohio.gov.
Additional funds have been allocated to Community Action Agencies to provided rent, mortgage, and water and/or sewer assistance to Ohioans. This assistance will help Ohioans pay outstanding balances back to April 1, 2020.
Ohio households behind on their bills with an annual income at or below 200% of the federal poverty guidelines will be eligible for assistance. For a family of four, that is an annual income up to $52,400. Starting November 2, 2020, Ohioans will be able to apply for assistance through their local Community Action Agency. A list of agencies can be found at businesshelp.ohio.gov.
The administration will also designate $37.5 million of CARES Act funding for the Bar and Restaurant Assistance Fund. This fund will be available for Ohio restaurants and bars struggling financially as a result of the COVID-19 pandemic and limited in the full use of their liquor permit.
Businesses with an on-premise consumption permit will be eligible to receive $2,500 per unique business location. Businesses need to have an active on-premise permit as of close of business October 23, 2020. Starting November 2, permit holders will be able to apply for assistance at businesshelp.ohio.gov.
The Office of Small Business Relief was created within the Ohio Development Services Agency to coordinate state efforts to identify and provide direct support for Ohio’s nearly 950,000 small businesses.
Ohio BWC Dividend Checks
The Ohio BWC is issuing a $5 billion dividend to ease the financial pressures your organization may be experiencing amid the coronavirus (COVID-19) pandemic. Gov. DeWine has asked his agencies to do everything they can to ease the strain of COVID-19 on Ohioans. Even after this dividend, the net position of the State Insurance Fund for injured workers remains strong due to investment returns, declining injuries, and decreasing reserves. This will be the third dividend delivered this year by the BWC.
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: firstname.lastname@example.org
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 0% interest loan available to merchants. Loan amounts will be for $2,000 to $10,000 – First 6 month are payment-free, followed by 12 monthly repayment installments. If you would like the application emailed to you or if you have any questions, contact the Bowling Green Economic Development office at 419-353-3591 or email email@example.com.
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.
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.
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