COVID-19 RESOURCES
:: BUSINESS ASSISTANCE
We are working hard to give you access to the resources being made available to local businesses as soon as possible. Below is a listing of resources that are active and pending. Active resources are funded and have an accessible means of applying for assistance. Pending resources are ones being discussed actively but have not yet been approved or have no means for applying for the assistance. We will be updating this list actively. If you wish to stay informed each time there is an addition to this list fill out the form at the bottom of the page and we will keep you informed.
Pending Resources (not yet approved)
Facebook Small Business Grants Program::
Facebook is offering $100M in cash grants and ad credits for up to 30,000 eligible small businesses in over 30 countries where we operate. We’ll share more details as they become available.
Links for Further Research
Missouri Official Recovery Plan Instructions and FAQ
This page has links to the official order as well as helpful guidelines for reopening your business and organizations.
Internet Service For Those in Need
In response to the quarantine, several broadband providers are temporarily offering free internet service, waiving disconnect and late fees, providing access to wi-fi hot spots and other measures to help people at home access the services they need.
Essential Business Waiver Requests
The order also establishes a waiver process through which certain businesses that might otherwise be required to close under the order could obtain a waiver from the Director of the Department of Economic Development (Department).
Retail Webinar: Closing Up Doesn’t Mean Giving Up
A video for retailers, with specific details on how to cope.
Approved Resources
Paycheck Protection Program (PPP) Loans::
Provides cash-flow through forgivable federal loans for employers who maintain their payroll despite closures or disruptions. Approved lenders may begin processing loan applications as soon as April 3, 2020. Contact your bank with questions.
SBA Economic Injury Disaster Loans and Loan Advance::
Available to businesses and nonprofits, the SBA’s Economic Injury Disaster Loan program provides small businesses with working capital loans of up to $2 million that can provide vital economic support to small businesses to help overcome the temporary loss of revenue they are experiencing. Contact your bank with questions.
IRS Employee Retention Credit
Offers deferred payroll tax credit. Consult with your accountant for details.
SBA Debt Relief
The SBA is providing a financial reprieve to small businesses during the COVID-19 pandemic. Contact your bank with questions.
SBA Express Bridge Loans
Enables small businesses who currently have a business relationship with an SBA Express Lender to access up to $25,000 quickly. Contact your bank with questions.
Local Banks Giving SBA Loans::
Academy Bank, Alliant Bank, Bank of Moberly, Central Bank, Commerce Bank, Commercial Trust Co, County Bank, Exchange Bank of Missouri, First State Community Bank, Merchants & Farmers, TPNB Bank, Tri-County Trust Co, United Credit Union.
Families First Coronavirus Response Act (H.R. 6201)::
This action contained significant changes and expansions to paid
sick leave. Williams-Keepers provided a summary today of what this will mean to your business and how
you will qualify for the tax credits.
Missouri Shared Work Program::
The State of Missouri is encouraging employers to consider utilizing this program to avoid large layoffs. It allows a company to spread the downturn over several workers and
utilize partial unemployment benefits instead of laying off employees.
Due to the large volume of responses, we will be best able to keep you informed via email, by all means, call if you are not able to be served by our online resources. We will be returning emails as we physically are able due to the overwhelming volume of inquiry.