COVID-19 Update 12.0
San Juan County - Utah's Canyon Country
Thursday 26 March 2020
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Dear Partner,
In our last email we mentioned the nuances and complexities of the federal relief package that is rolling out. If you do one thing with this email we HIGHLY encourage you click on the "Today's Facts & FAQ's" button below. Miles Hansen, of the
World Trade Center Utah
, is queued up with a concise "deep dive" into the packages.
The deep dive was presented in today's
Utah Economic Task Force Facts & FAQ's
Zoom call where Miles explained that the federal package is considering and addressing five key pillars. These pillars include:
- Healthcare support
- Small Business Loans & Grants
- Workers & Families
- Tax Adjustments
- Support Distressed Industries and Institutions
The complete overview will be available in a summary
tomorrow
on
www.coronavirus.utah.gov/business
(we will also be sure to link it in tomorrow's newsletter). You can also listen to it now, by clicking the button below.
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We highly recommend community leaders, business owners, and citizens watch and participate in these
Utah Economic Task Force Facts & FAQ's
meetings every Tuesday and Thursday from 4PM-5PM. If you are unable to watch or attend, we have linked the YouTube recordings of the meetings to date below:
If you would like to receive future communications on the Economic Response Task Force,
click here
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Kiln
will be hosting an
SBA Loans and Your Business
Live Stream
Friday, March 27, 2020.
The SBA is expected to discuss and answer questions regarding Economic Injury Disaster Loans (EIDL) which is the SBA application that is currently open and are direct loans made from the SBA.
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Administration for Native Americans Releases SEDS Funding Opportunity
Deadline: June 15, 2020
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The
Administration for Native Americans
supports Native American communities by providing financial assistance and capacity building, gathering and sharing data, and advocating for improved policies within HHS and across the federal government. ANA has several programs. to view the funding opportunity announcements click the individual opportunities below:
SEDS grants fund social and economic development projects in on- and off-reservation native communities and provide federal support for self-determination and self-governance among Native American people. SEDS program areas that support tourism include:
- Tourism - Planning or developing resources, services, and businesses that promote travel, recreation, and tourism, or branding to tell the story of Native Americans as the First Peoples of the United States. Projects may utilize the arts or other cultural resources to help revitalize Native communities, promote economic development, increase livability, and present the uniqueness of the Native communities to visitors in a way that celebrates the diversity of the United States.
- Native Arts and Culture - Developing or enhancing activities that promote, preserve, or restore Native culture and arts.
- Entrepreneurship and Microbusiness - Promoting entrepreneurial development through business incubators and other activities that support businesses and market the availability of local products or services.
For More Information
ANA provides regional training and technical assistance through regional providers,
click here
to find your representative. For other questions, call 1-877-922-9262 or email
anacomments@acf.hhs.gov
.
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Stimulus payment checks
The IRS does not have any information yet on the pending legislation involving stimulus checks. For the latest news, we urge people to check
https://www.irs.gov/coronavirus
. Taxpayers should not call the IRS; all information will be posted on
IRS.gov
as soon as it’s available. And contrary to some media reports, there’s no special “sign up” page on
IRS.gov
to receive the stimulus checks. For taxpayers who haven’t submitted 2019 tax returns yet, the IRS encourages those people to include direct deposit information when they file.
IRS District Liaisons will share details with congressional staff as soon as any become available.
New payroll tax credit for small and midsize businesses
Small and midsize employers
can begin taking advantage of two new refundable payroll tax credits, designed to promptly and fully reimburse them, dollar-for-dollar, for the cost of providing Coronavirus-related leave to their employees.
Key takeaways:
Paid Sick Leave for Workers.
For COVID-19 related reasons, employees receive up to 80 hours of paid sick leave and expanded paid child care leave for employees when their children’s schools are closed or child care providers are unavailable.
Complete Coverage.
Employers receive 100% reimbursement for paid leave pursuant to the Act.
- Health insurance costs are also included in the credit.
- Employers face no payroll tax liability.
- Self-employed individuals receive an equivalent credit.
Fast Funds.
Reimbursement will be quick and easy to obtain.
- An immediate dollar-for-dollar tax offset against payroll taxes will be provided
- Where a refund is owed, the IRS will send the refund as quickly as possible.
Small Business Protection
. Employers with fewer than 50 employees are eligible for an exemption from the requirements to provide leave to care for a child whose school is closed, or child care is unavailable in cases where the viability of the business is threatened.
Easing Compliance.
Requirements subject to 30-day non-enforcement period for good faith compliance efforts.
To take immediate advantage of the paid leave credits, businesses can retain and access funds that they would otherwise pay to the IRS in payroll taxes. If those amounts are not sufficient to cover the cost of paid leave, employers can seek an expedited advance from the IRS by submitting a streamlined claim form that will be released next week.
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SBA Economic Injury Disaster Loans (EIDL)
If you are considering to apply for SBA disaster relief funding we understanding the process can be somewhat daunting. We've linked SBA's 3-step application process as well as a loan assistance application guide (as a note, we continue to add helpful tips to this guide as local businesses are applying--if there is anything you would recommend we add please let us know).
ELIGIBLE ENTITIES:
- Applicants must meet the SBA requirements of a small business (500 employees or
- fewer)
- Businesses directly affected by COVID-19
- Businesses that offer services directly related to the businesses in the declaration
- Other businesses indirectly related the industry that are likely to be harmed by losses in their community (Example: Manufacturer of widgets may be eligible as well as the wholesaler and retailer of the product)
INELIGIBLE ENTITIES:
- Agricultural Enterprises: If the primary activity of the business (including its affiliates) is as defined in Section 18(b)(1) of the Small Business Act, neither the business nor its affiliates are eligible for EIDL assistance.
- Religious Organizations
- Charitable Organizations
- Gambling Concerns (Ex: Concerns that derive more than 1/3 of their annual gross
- revenue from legal gambling activities)
- Casinos & Racetracks (Ex: Businesses whose purpose for being is gambling (e.g., casinos, racetracks, poker parlors, etc.) are not eligible for EIDL assistance regardless of 1/3 criteria above.
- Cannabis Industry
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Current San Juan County Updates
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Bluff businesses will be closed until May 10th
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Many of our local businesses are doing what they can to keep their doors open and services
available to our residents
.
Click here
for our director of county businesses and their temporary COVID-19 hours, adjusted operations, and offerings.
To be listed or edit a listing contact: ssmith@sanjuancounty.org
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Business Weekly Spotlight
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With many of our local businesses remaining open we will be running features on our Newsroom to inspire our community to buy local.
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Many of our local businesses have taken the time to get creative in their business models allowing them to stay open & make sales while still encouraging social distancing.
San Juan Building Supply
is not only for home projects, but bird home projects. Check out these kits they've made as a great stay-at-home activity.
ALSO
, they are supporting their fellow local businesses by giving away tickets with every purchase. All tickets are then placed in a drawing to win a gift certificate at a local restaurant! Local businesses supporting other local businesses #SJCMonumentalMoments!
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Help us find and share these features by tagging @sanjuanedvs and #SanJuanStrong
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Let's take a moment to recognize the positive moments in our community. Time continues to pass even with Social Distancing, and with that comes birthdays! But, how are we supposed to celebrate a the big day with the recommendations of being in groups under 10 people? Monticello local,
Roxy Long
, came up with a drive-by birthday for her daughter: drive-by, drop off a present AND get a treat!
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Help us find and share these features by tagging @sanjuanedvs and #SJCMonumentalMoments
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For business and tourism industry updates please refer to:
We are aware of the concern many businesses have, particularly those impacted by the travel industry. This web page is intended to be a resource for businesses regarding changes in the travel industry as well as business relief funding options as they become available.
Please note, this web page is not intended to be a source for updates on COVID-19. For up to date information on COVID-19 please visit the state of Utah’s Coronavirus (COVID-19)
information hub
:
https://coronavirus.utah.gov/
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Please feel free to contact our office with any questions 435-587-3235 or 800-574-4386
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Cheers,
San Juan County EDVS
Natalie Randall, nrandall@sanjuancounty.org
Allison Yamamoto-Sparks, ayamamoto@sanjuancounty.org
Stuart Smith, ssmith@sanjuancounty.org
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