Grayson County Small Business Recovery
|United Way of SWVA Survey|
We are asking you to complete a survey assessing your immediate and anticipated long-term needs. Click on “Survey” below:
|Virginia Department of Emergency Management|
Resources for the private sector to maintain two-way communication with State government.
1. Register on our Private Sector Portal to be added to the distribution list to receive future correspondence on the Commonwealth’s actions: https://bit.ly/VaPrivateSector
2. There is a survey that we have published to gather information from the private sector on issues they are experiencing and offers of assistance to Virginia (donation, in-kind contribution). That can be accessed at https://bit.ly/VaDonations.
3. Please email email@example.com with questions not answered through the Portal or Survey. Clinical questions about Coronavirus can be directed to 877-ASK-VDH3 or http://www.vdh.virginia.gov/coronavirus/
4. If you are not already registered in eVA and wish to do Business with the State of Virginia, please register here: https://eva.virginia.gov/register-now.html (this is not necessary for donations).
|Town of Independence|
Town of Independence COVID-19 Stimulus Loan Program
The Town of Independence announces the creation of a small business relief program to be made available to Independence “brick and mortar” small businesses. Restaurants and non-essential business are the priority businesses for this relief program.
In the wake of the COVID-19 pandemic, we are witnessing unprecedented economic devastation across America, and especially to our micro-businesses – the very lifeblood of our communities.
To continue our support for our businesses, the Independence Town Council has appropriated $50,000 to provide a series of stop-gap zero interest loans to assist as many of our businesses as we possibly can through this event.
By doing so, we will have a total loan pool of $50,000 that we can loan $2,500 at zero percent interest for up to 120 days to Independence small businesses – businesses having fewer than 10 total employees. After the initial 120 days, the total amount can be paid in full with no interest, or may be repaid in monthly installments at a 2% interest rate for a period of not more than 12 months.
Business applications will be taken from any Independence business. To qualify, the business must be current on business license and all federal, state, and town taxes through February 2020. Each qualifying applicant then will be scored, with priority to those most affected by the COVID related business interruptions – specifically restaurants and salons/barber shops (no home based), then small independent retailers, in that order. Businesses that are deemed “essential”, home based, not licensed and located within the Town of Independence, not current on taxes and other obligations to the Town of Independence, or have more than ten employees are not eligible for this loan.
This puts money back into the coffers of at least 20 local businesses, helping to pay rent and keep lights on during this crisis. By doing so, we are encouraging them to not only continue to serve our community, but to keep Independence working by keeping businesses open and employees earning paychecks to keep their lives moving forward as well.
Reid Walters-Town Manager
|Emergency Relief Fund for Grayson County|
“While many organizations are receiving funds to support communities in Southwest Virginia affected by the COVID-19 pandemic and actions to prevent its spread, many of you want your donations to stay in Grayson County. To facilitate this, we have organized a local non-profit to manage and administer the Emergency Relief Fund for Grayson County.
This fund will be used to meet the needs of Grayson County citizens who may not qualify for other assistance programs or for whom time is a critical factor, etc.
Donations to the Emergency Relief Fund for Grayson County are tax deductible and may be made by check payable to “Emergency Relief Fund for Grayson County.” Donations may be mailed to the Grayson County Treasurer’s Office, 129 Davis Street, Suite 205, P.O. Box 127, Independence, VA 24348 or they may be dropped in the Treasurer’s Office Drop Box located in the lower parking lot of the Grayson County Courthouse, 129 Davis Street, Independence, VA.
Questions regarding the Emergency Relief Fund for Grayson County may be directed to the Grayson County COVID-19 Helpline at 276-200-4654.
Thank you for supporting the citizens of Grayson County!”
Donations being accepted for COVID-19 Relief Fund
Three Ways to Donate:
- By Mail: United Way of Southwest Virginia, COVID-19 Relief Fund, P.O. Box 644, Abingdon, VA 24212
- By Text: 21777 with the word SWVARELIEF to make your gift through Mobile Cause
- On-line at https://unitedwayswva.org/covid19/
|Small Business Administration|
Information about Disaster Loan Assistance
|Rapid Response COVID-19 Layoff Aversion Funds|
Blue Ridge Crossroads Economic & Small Business Development (BRCEDA) is accepting applications for Layoff Aversion Funds.
• The entire region received $61,260. This equates to about $4700 per locality.
• The goal is to serve at least ONE business in each locality. (one Carroll, one Grayson, one Galax)
• You identify the target sector best for your locality.
• The funds cannot be used to purchase equipment under IRS guidelines ($5K or up).
• Goal is to avoid layoffs of employees.
• Examples of possible uses:
o Software and computer purchase for staff to work remotely
o Hire company to clean equipment more thorough to keep from laying off employees.
• It is a reimbursement only.
• A business can apply up to $4700. If they ask for less than more businesses can be assisted.