Please note that while some places have been told they can open on a certain day, does not mean that they will open. Please visit our local restaurant's Facebook pages, or call, to verify their decision.
Guide for safely reopening from the Arkansas State Chamber of Commerce
The Arkansas Small Business and Technology Development Center (ASBTDC) is holding a series of webinars as part of its Keep Calm and Small Business On effort here.
PPP Loan Forgiveness:
A Step-By-Step Video Explanation
The U.S. Chamber has released a new video which provides a step-by-step explanation of the Payment Protection Program (PPP) loan forgiveness process.
In the video, U.S. Chamber Executive Vice President and Chief Policy Officer Neil Bradley walks you through the essential steps of the loan forgiveness process, including calculations and repayment terms.
We hope that the guidance shared in this video serves as a helpful tool for you and your business. We will update the resource as new information becomes available.
To watch the video, click here.
Governor's Proclamation Requires All Arkansas Businesses to Post Sign At Facility Entrances
As part of Governor Hutchinson’s recent State of Arkansas Executive Department Proclamation EO – 20 – 13 (3) f, all Arkansas businesses are required to:
Post a sign at the entrance of the facility informing all employees, customers, and congregants that they should: avoid entering the facility if they have a cough or fever; maintain a minimum six-foot distance from one another; sneeze and cough into one's elbow; not shake hands or engage in any unnecessary physical contact;
The State Chamber/AIA is pleased to provide a copy of the notice for Arkansas businesses and organizations here.
We encourage you to print as many copies of this as you need and put them up at each of your facility entrances.
To lessen the incidence of COVID-19 infections in Arkansas, the State Chamber/AIA has developed signage encouraging Arkansans to wear face masks in indoor settings. The signs in English can be accessed here and here. The signs in Spanish can be accessed here and here. Both versions can be printed and affixed to the entrance doors of your company or organization.
Reopening Business Digital Resources Center
Last week, as part of the Path Forward initiative, the U.S. Chamber unveiled its Reopening Business Digital Resources Center to equip America's business community with the latest state guidelines, sector-specific guidance, small business advice, and other tools and resources as we look to reopen safely and keep employees and customers healthy and informed.
Now, the resources center also includes a customizable workplace flyer to help you and your members communicate the steps your company is taking to keep them safe and prevent the spread of COVID-19 to employees and customers.
Are you needing temporary help at your company, or are you some one looking for temporary or long-term work? Let Manpower help find temporary and/or long-term workers for projects as needed.
615 E. North Street
Magnolia, AR 71753
From the USDA for rural communities and businesses
The Economic Injury Disaster Loan (EIDL) and EIDL Advance application portal is now open to all eligible Arkansas small businesses, non-profits, and agricultural businesses impacted by COVID-19
To further meet the needs of small businesses and non-profits, the U.S. Small Business Administration reopened the Economic Injury Disaster Loan (EIDL) and EIDL Advance program portal to all eligible Arkansas applicants still experiencing economic impacts due to COVID-19.
SBA’s EIDL program offers long-term, low interest assistance for a small business or non-profit. These loans can provide vital economic support to help alleviate temporary loss of revenue. EIDL assistance can be used to cover payroll and inventory, pay debt or fund other expenses. Additionally, the EIDL Advance will provide up to $10,000 ($1,000 per employee) of emergency economic relief to businesses that are currently experiencing temporary difficulties, and these emergency grants do not have to be repaid.
SBA’s COVID-19 Economic Injury Disaster Loan (EIDL) and EIDL Advance
• The SBA is offering low interest federal disaster loans for working capital to small businesses and non-profit organizations that are suffering substantial economic injury as a result of COVID-19 in all U.S. states, Washington D.C., and territories.
• These loans may be used to pay debts, payroll, accounts payable and other bills that can’t be paid because of the disaster’s impact, and that are not already covered by a Paycheck Protection Program loan. The interest rate is 3.75% for small businesses. The interest rate for non-profits is 2.75%.
• To keep payments affordable for small businesses, SBA offers loans with long repayment terms, up to a maximum of 30 years. Plus, the first payment is deferred for one year.
• In addition, small businesses and non-profits may request, as part of their loan application, an EIDL Advance of up to $10,000. The EIDL Advance is designed to provide emergency economic relief to businesses that are currently experiencing a temporary loss of revenue. This advance will not have to be repaid, and small businesses may receive an advance even if they are not approved for a loan.
• SBA’s EIDL and EIDL Advance are just one piece of the expanded focus of the federal government’s coordinated response.
• The SBA is also assisting small businesses and non-profits with access to the federal forgivable loan program, the Paycheck Protection Program, which is currently accepting applications until June 30, 2020.
• In Arkansas, 8,170 businesses have received EIDL assistance for a total of $503,528,019 as of June 12, 2020.
• Note: Eligible businesses may apply for both EIDL and Paycheck Protection Program (PPP) loans.
For additional information or to apply, please visit the SBA disaster assistance website at SBA.gov/Disaster. Local small businesses with questions about EIDL or any other SBA program should email Arkansas_DO@sba.gov
The week of July 13-17, the SBA Arkansas District Office is hosting FREE webinar sessions at 11:00 am CDT daily on available SBA resources for small businesses and nonprofits during COVID-19.
Join us for one of these webinars providing information and updates on the Paycheck Protection Program (PPP) loan application and forgiveness process, Economic Injury Disaster Loan (EIDL) program, and other SBA resources during COVID-19, as well as an extended Q&A session with SBA staff.
NOTE: The deadline to apply for a PPP loan has been extended to August 8, 2020.
EIDL assistance is available to sole proprietors, independent contractors, nonprofits, and other eligible businesses.
Please click on the webinar date/time below to register. After registering, you will receive a unique Skype meeting ID # and call-in information for the webinar selected. Spaces are limited, so please register in advance.
Mon. July 13 - PPP 101 Webinar: 11:00 AM - 12:00 PM CDT
Tue. July 14 - EIDL 101 Webinar: 11:00 AM - 12:00 PM CDT
Wed. July 15 - PPP Forgiveness: 11:00 AM - 12:00 PM CDT
Thurs. July 16 - COVID-19 Resources: 11:00 AM - 12:00 PM CDT
Fri. July 17 - Q&A with SBA: 11:00 AM - 12:00 PM CDT
Please plan to join the webinar 10 minutes in advance to make sure you are able to connect. If this is your first time attending a Skype for Business webinar, please check your computer network settings to make sure Skype is enabled. For further assistance, contact firstname.lastname@example.org.