Dear Morgan Hill Business Leaders:
Last week we issued a COVID19
Business Resources
Newsletter, sharing the City’s Business Resources web page with the most relevant and up-to-date information for employers and employees and a
COVID-19 Impact Survey
(please complete).
We also hosted the first virtual Business Resiliency Roundtable on Financial Resources with representatives from SBA, SBDC and Grow Morgan Hill Fund. For a recording of the webinar, please visit the
Choose Morgan Hill website
.
We will be hosting the second virtual Business Resiliency Roundtable on Tourism this Friday, April 17, 10:30 am to noon. P
lease visit the
Choose Morgan Hill website
to register.
A new program was created for businesses with up to 10,000 employees or revenues less than $2.5B. The
Federal Reserve New Main Street Lending Program
offers four-year loans with one-year payment deferrals for affected businesses that make “reasonable” efforts to maintain payroll and retain employees. Contact your lending institution for more information!
Facebook announced grants for businesses with two to 50 employees that have been in business for one year. For more information visit
Facebook for Business
.
Finally, Let’s give a shout out to companies that are supporting the COVID19 recovery!
•
All Sensors
for making sensors for hospital ventilators.
•
Paramit
for continuing to innovate medical equipment solutions.
To these companies and to all that are working tirelessly to support our businesses, on behalf of the Economic Development team, thank you!
Sincerely,
Edith Ramirez
Economic Development Director
City of Morgan Hill