Many local businesses and employees have felt the negative impacts of COVID-19 on their jobs and incomes. In a bit of good news, many of the "essential" businesses are hiring and some are even offering bonuses. To view a list of these companies, click here.
U.S. Small Business Administration Disaster Relief
The U.S. Small Business Association (SBA) has approved the request for North Carolina’s disaster relief declaration. This will allow small businesses impacted by the coronavirus to apply for a low-interest SBA disaster loan as a result of COVID-19. For more information or to apply for a loan:
Small Businesses: Emergency Loan Guide and Checklist
The U.S. Chamber of Commerce recently released a guide to the Coronavirus Aid, Relief and Economic Security (CARES) Act. The Act "allocates $350 billion to help small businesses keep workers employed amid the pandemic and economic downturn." The guide helps businesses determine if they're eligible and the necessary steps to take to secure a loan.
Unemployment and Tax Information
Due to high volume on their customer call line, the Department of Commerce recommends the fastest and most efficient way to file for assistance is online: https://des.nc.gov/apply-unemployment/.
The Charlotte SCORE chapter has more than 75 certified mentors that provide free one-on-one mentoring to business owners and entrepreneurs in the Charlotte region. They are available, along with the following resources, to assist businesses during this time.