COVID-19: Small Business Resources

Are you a small business owner or employee in need of assistance? Please contact Kristyn Zollos at kzollos@metrowestcle.org to be connected to resources available.

General Small Business Resources

There is a list of small business resources that is continuously being updated at this link. This document was assembled by Jessica Trivossono at Detroit Shoreway Community Development.

CUYAHOGA COUNTY RESOURCES

Cuyahoga County has set up small business call center. The Call Center is available Monday through Friday, 8 AM – 5 PM at 216-452-9741.

Cuyahoga County Small Business Center website: http://www.cuyahogacounty.us/helpforbusiness

Small Business Grants & Loans

CITY OF CLEVELAND ECONOMIC DEVELOPMENT WORKING CAPITAL LOAN FUND

City of Cleveland businesses may borrow up to $25,000 for operating costs (rent, utilities, and payroll) incurred from March 1, 2020 through 12/31/2021. No application fees and no interest or payments due until January 1, 2022 and 1% interest thereafter. Repayments will be equal to $15/month for every $1,000 borrowed until the loan is repaid. In order to be eligible businesses need to be operating in the City of Cleveland as of March 1, 2020, have an executed lease as of March, 1, 2020, and must show a negative impact from the coronavirus on cash flow and/or revenue. Preference will be given to entities that are able to retain/and/or restore pre-coronavirus employment, and that show a substantial negative impact on revenues. Subject to credit review. Additional criteria and conditions may apply. Click here for more info!

CITY OF CLEVELAND SAFE OPERATIONS GRANT

City of Cleveland businesses are eligible for grants up to $10,000 for costs incurred to operate safely during the pandemic. Example of eligible costs include PPE (NOT PPE) , partitions, single-use menus, and similar working capital or equipment required to operate safety during the pandemic. In order to be eligible businesses need to be operating in the City of Cleveland as of March 1, 2020, have an active lease as of March 1, 2020 and must demonstrate impact from the coronavirus on cash flow and/or revenue. Preference will be given to entities that are able to retain/and/or restore pre-coronavirus employment, and that show a substantial negative impact on revenues. Subject to credit review. Additional criteria and conditions may apply. Apply here.

CUYAHOGA COUNTY EMERGENCY GRANTS & LOANS

The fund will make grants to business with up to 20 employees, and loans for businesses up to 500 employees. Grants can be up to $5,000, loans up to $50,000. Businesses can begin applying for the grants or loans today by filling out an application on their website. The County anticipates money could be in the hands of businesses the week of April 27th.

https://www.cuyahogacounty.us/development/businesses/small-business-stabilization-fund

HFLA SMALL BUSINESS LOANS

HFLA’s COVID-19 Rapid Response business loans are now available up to $5,000. They are not intended to replace other loans/grants, but can certainly serve as a bridge or a supplement to them. There must be an identified need for the money. Repayments will not start until mid-June and the loans will be on 27 month terms. Payment will be reduced to $100/month for the first four payments. The next 23 payments will be $200.

For an application to this loan and for information about business criteria, contact Kristyn Zollos at kzollos@metrowestcle.org.

PAYCHECK PROTECTION PROGRAM

The SBA is currently unable to accept new applications for the Paycheck Protection Program based on available appropriations funding.

SBA EMERGENCY DISASTER LOANS

SBA is unable to accept new applications at this time for the Economic Injury Disaster Loan (EIDL)-COVID-19 related assistance program (including EIDL Advances) based on available appropriations funding.

Applicants who have already submitted their applications will continue to be processed on a first-come, first-served basis.

Unemployment & Employee Resources

UNEMPLOYMENT

Ohio Department of Job and Family Services will waive employer penalties for late reporting and payments for the next quarter to assist employers impacted by the lack of staff availability. See this fact sheet for details

The State’s unemployment system has been updated to cover employees who are out of work due to Covid-19, even if only temporarily. The state will waive the typical waiting period required to qualify. Workers without paid time off who are under quarantine by their job or a health-care professional can also receive unemployment. The state has set up a Q&A page with more information.

Employees should apply for unemployment online.

SHAREWORK OHIO

SharedWork Ohio is a voluntary layoff aversion program. It allows workers to remain employed and employers to retain trained staff during times of reduced business activity. Under a SharedWork Ohio plan, the participating employer reduces affected employees’ hours in a uniform manner. The participating employee works the reduced hours each week, and the Ohio Department of Job and Family Services (ODJFS) provides eligible individuals an unemployment insurance benefit proportionate to their reduced hours.

http://jfs.ohio.gov/ouio/SharedWorkOhio/

Restaurant Resources

UBER EATS SIGN-UPS

If you are a restaurant looking for a way to boost business, Uber Eats is offering free sign up for small and medium sized businesses. They are also doing 0% pickup for the time being.

If you are interested in signing up your business to Uber Eats you can contact Aaron Davis at aaron.davis@uber.com or 312-757-8433. We would be happy to help you with this process also. Just let us know if you would like to sign up!