Resources available to help you navigate this crisis
In this unprecedented time, our goal is to be your steadfast partner, finding and providing resources and opportunities to help you navigate this crisis, stay connected with your customers and your community, and arrive ready to thrive on the other side. We continually update this list of resources as the situation evolves.
Main Street Lending Program: Applications are now being taken for Main Street Lending, a Federal Reserve loan program designed to support small and medium-sized businesses. Participation in Paycheck Protection Program does not limit your ability to apply for Main Street Lending.
Here is a quick summary explaining the key points of the program.
Forgiveness Application for Payment Protection Program: The PPP loan will be fully forgiven if the funds are used for payroll costs, interest on mortgages, rent and utilities (due to likely high subscription, at least 60% of the forgiven amount must have been used for payroll).
Dallas Mavericks Owner Mark Cuban and Citizens Bank have created a website to to make the PPP forgiveness application process simpler. Click below to access this free tool.
Or click here to download the PPP Loan Forgiveness Application and instructions direction from the SBA site.
The Small Business Association (SBA) has created a comprehensive Coronavirus page with all of its resources in one place.
Access to Capital
Several states offer guidance and assistance for businesses impacted by COVID-19. Link to your local and state government websites.
Financial Resources for Restaurants & Their Employees
To help you serve your customers in light of changing government guidelines and market conditions, we are providing complimentary use of exterior space short-term so you can bring your business outdoors.
We are ready to work with you on creating an appealing environment that is safe for customers and employees while being respectful of your neighbors and meeting local and state guidelines.
Here is a quick summary of things to consider for an exterior outpost.
Two local restauranteurs and a national daytime cafe chain shared lessons learned during the pandemic and what's worked for them as they move into our new reality. Hosted on June 24, 2020.
Length: 48 minutes
Moderated by Angel Cicerone, President of Tenant Mentorship and Author of "Growing Small: How to Manage, Market and Measure Your Way to Retail Success in 90 Days"