Governor Kemp's Executive Order On Thursday, May 28th, Governor Kemp issued a new Executive Order, extending the state of emergency in Georgia until July 12th. You can view the full Executive Order here. Governor Kemp released a second Executive Order that outlines the measures and guidance for re-opening different types of businesses. The order has also allowed for the re-opening of bars and nightclubs. For guidance regarding re-opening, visit the Cobb Chamber Resource page or view the Governor's May 28th Reviving a Health Georgia Executive Order.
Marietta Declaration of Emergency
For information regarding the easement of emergency regulations, please view Governor Kemp's May 28, 2020 Executive Order.
Marietta Water & Power Postponing DisconnectionsMarietta Power and Water is committed to providing reliable service to its customers. Due to the uncertainty created by the public health crisis, Marietta Power & Water will not disconnect residential or commercial customers for nonpayment from March 18 – June 15, 2020.
15-Minute ParkingIn an effort to promote downtown, small businesses, the Marietta City Council voted unanimously to establish seven, 15-minute parking spots around the Square for curbside pickup.
Alcohol To Go SalesEffective as of March 24, 2020, a restaurant, brew pub, beer growler, or other consumption on premises alcohol retail licensee may sell wine and beer in an UNOPENED container or package only to customers for carry out purposes except on a day or during a time when sale is otherwise prohibited or at a location which is within distances to buildings where the sale is prohibited. Additionally, there will be no sale of distilled spirits for carry out purposes. For Restaurants with Sunday Sales License and pursuant to the Sunday Sales regulations, this regulation shall be applicable for those with a Sunday Sales License and no others. Restaurants within the limits of the City of Marietta will be able to sell unopened beer and wine with carry out orders during the State of Emergency per the Georgia Department of Revenue pronouncement.
In an effort to assist our local businesses during this difficult time, the City of Marietta will be continuously sharing resources and assistance opportunities as they arise. Please see information below. For additional details regarding the EIDLs and CARES Act programs, please view this informative webinar hosted by the Cobb Chamber.
Cobb County Small Business Relief Grants
To help alleviate the financial burden that COVID-19 has caused, the Cobb County Board of Commissioners has allocated $50 million in federal funds to a small business grant program, which will be administered by Select Cobb. Eligible Marietta businesses can apply for grants from $20,000-$40,000, based on the number of employees. Applications open on June 8th at 10am and close on June 26th at 5pm. For eligibility requirements and to apply, visit https://selectcobb.com/grants/. Select Cobb is also offering a free webinar on June 10th at 10am to walk you through the application process. You can register at: https://cobbgacoc.wliinc15.com//events/SelectCobb-Small-Business-Relief-Grants-Webinar-9492/details.
SBA Economic Injury Disaster Loans (EIDLs)Because Georgia has officially been listed as a declared state for Coronavirus (COVID-19), Georgia small businesses now qualify to apply for the Economic Injury Disaster Loans (EIDLs) through the U.S. Small Business Administration (SBA). These working capital loans are intended to help small businesses, small agricultural cooperatives, small businesses engaged in aquaculture, and most private, non-profit organizations of all sizes meet their ordinary and necessary financial obligations that cannot be met as a direct result of the disaster. For additional information on credit requirements, interest rates, loan terms, loan amount limits, eligibility, and insurance requirements please view this SBA Fact Sheet. For other questions regarding SBA Disaster Assistance, please review these frequently asked questions and/or contact their customer service at 1-800-659-2955 or email at email@example.com. To apply, visit https://disasterloan.sba.gov/ela/Account/Login.
Emergency Economic Injury GrantsFor those that apply for the Economic Injury Disaster Loan (EIDL), the CARES Act included $10 billion in funding to provide an advance of $10,000 to small businesses and nonprofits within three days of applying for the loan. The EIDL grant does not need to be repaid, even if the grantee is subsequently denied an EIDL. Funds can be used to provide paid sick leave to employees, maintaining payroll, meet increased production costs due to supply chain disruptions, or pay business obligations, including debts, rent and mortgage payments. For additional information and to apply, visit https://www.sba.gov/disaster-assistance/coronavirus-covid-19#section-header-3.
Small Business Paycheck Protection Program (PPP Loan)The CARES Act also included about $350 billion for small-business loans through the Paycheck Protection Program. The program is intended to help small businesses retain employees and will be administered primarily through existing Small Business Administration-approved lenders. If the loan is used for payroll, interest, rent, and utilities over the 8-week period after the loan is made, and employee and compensation levels are maintained, loan amounts will be forgiven. For commonly asked questions, please view this FAQ Sheet. For additional information and to apply, visit https://home.treasury.gov/policy-issues/top-priorities/cares-act/assistance-for-small-businesses.
Employee Retention Tax Credit
Secondary Market Corporate Credit Facility
Term Asset-Backed Securities Loan FacilityThe Federal Reserve established the Term Asset-Backed Securities Loan Facility (TALF) on March 23, 2020 to support the flow of credit to consumers and businesses. The TALF will enable the issuance of asset-backed securities (ABS) backed by student loans, auto loans, credit card loans, loans guaranteed by the Small Business Administration (SBA), and certain other assets. Under the TALF, the Federal Reserve will lend on a non-recourse basis to holders of certain AAA-rated ABS backed by newly and recently originated consumer and small business loans. The Federal Reserve will lend an amount equal to the market value of the ABS less a haircut and will be secured at all times by the ABS. The Treasury, using the ESF, will also make an equity investment in the SPV established by the Federal Reserve for this facility. For more information, visit https://www.federalreserve.gov/monetarypolicy/talf.htm.
Cobb COVID-19 Community Response Fund
Cobb Community Foundation has created a charitable fund designed to provide flexible resources to non-profit organizations serving Cobb and meeting critical needs either arising from or exacerbated by the novel Coronavirus. Charitable grants will assist organizations and programs working to provide residents with access to food, prescriptions/healthcare, childcare and basic needs. One hundred percent of the dollars they receive will go to organizations serving Cobb County and no administrative fees are being taken. For more information on the Response Fund, their Operation Meal Plan Fund, or to make a contribution, visit their website.
Cobb Community Foundation also offers an easy to search online resource to quickly locate community services, such as food pantries. Individuals can access up-to-date information from Cobb non-profits at https://cobb-county.communityplatform.us/map.
Greater Atlanta COVID-19 Response & Recovery FundThe United Way of Greater Atlanta and Community Foundation for Greater Atlanta have teamed up to help the metro area’s residents who are most vulnerable to the health-related and financial impacts of the virus. Funds will go to nonprofit organizations and agencies focused on providing crucial services to people directly or indirectly affected by the pandemic including children who receive free or reduced lunch, older residents, families in need of childcare, homeowners and renters at risk for eviction, and hourly or low-wage workers. If you need assistance, contact the United Way of Greater Atlanta’s 2-1-1 Contact Center at https://www.unitedwayatlanta.org/need-help/.
Local Initiatives Support Corporation (LISC) - Verizon Small Business Recovery FundLISC will use the Verizon funding to provide grants of up to $10,000 to businesses facing immediate financial pressure because of COVID-19, especially entrepreneurs of color, women-owned businesses and other enterprises in historically underserved communities who don’t have access to flexible, affordable capital. It can be used for paying rent and utilities, paying outstanding debts, meeting payroll, and other operational costs. For more information and to register for the next round of applications, visit https://www.lisc.org/covid-19/verizon-small-business-recovery-fund/.
USBG National Charity Foundation - Bartender Emergency Assistance Program
In an effort to be a resource to the bar industry, the USBG National Charity Foundation is offering grant money to bartenders who have been adversely affected by the current COVID-19 crisis. In order to qualify, the individual must be have been employed for at least a year as a bartender or a spouse or child of a bartender. Please visit https://www.usbgfoundation.org/beap for eligibility requirements and to apply. For other questions regarding this grant opportunity, email firstname.lastname@example.org.
Giving Kitchen is an Atlanta-based, non-profit whose mission is to provide stability for food-service workers. Food service workers may be eligible for financial assistance due to an unexpected illness (including COVID-19), injury, death of an immediate family member, or housing disaster in Georgia. Food service workers experiencing hardship including unemployment or under employment due to restaurant closings are eligible for resource referrals through their Stability Network. For more information, visit their website: https://thegivingkitchen.org/covid19.
Professional Beauty Association (PBA) COVID-19 Relief FundThe PBA COVID-19 Relief Fund will provide $500 to licensed beauty professionals who are unable to work due to COVID-19. The funding, if awarded, is intended to be emergency aid for short-term immediate needs such as food and bills. For additional information and to apply, visit https://www.probeauty.org/pba-charities/covid-19-relief-fund/landing-covid-19-relief-fund. They are also offering free memberships at this time.
UGA Small Business Development Center (SBDC)
The UGA SBDC is offering teleconference appointments free of charge to answer questions and help small business owners address any concerns they may have about their business including cash flow, payroll, marketing, the effect of COVID-19 on their business and/or questions regarding COVID-19 Relief Programs. For more information on the current relief programs, view the SBDC's program overview. To schedule a teleconference appointment with one of their consultants, please email email@example.com or call 470-578-6450.
For more information on federal funding programs (ie. PPP, EDILs), please visit the Georgia SBDC site at https://www.georgiasbdc.org/georgia-small-business-recovery/, where you will find upcoming webinars, program overviews, program comparisons, and contact information for your local office. For additional resources on Finance, HR, Operations, Marketing, and Planning, visit their Response and Recovery page.
SCOREScore offers free expert business mentoring from mentors with a multitude of industry experience. To schedule an appointment, visit https://northmetroatlanta.score.org/content/find-mentor-0718. They are also offering workshops for a minimal fee. To view upcoming online workshops, visit https://northmetroatlanta.score.org/content/take-workshop-0718.