NEWS & NOTES

Your conduit to pertinent

business-related information

The WEMC brings you news affecting the business community that will be useful and representative of a unifying effort to thrive during these challenging times

FOR NEWS AND NOTES - COMMUNITY 

BUSINESS

  • Disaster Loan Assistance SBA disasterloan.sba.gov/ela/
    Loans are now available to small businesses and nonprofit organizations. Terms are set on a case-by-case basis, but many will have a 30-year repayment term. The first payment in those cases isn't due for up to 12 months. Application deadline Dec. 18, 2020. To apply, businesses should provide a tax transcript, financial statements, and a profit and loss statement. The maximum interest rate is 3.75 percent. Visit the website for details and to apply.

  • Disaster Loan Assistance Invest Atlanta – Business Continuity Loan Fund 

  • www.investatlanta.com/business-continuity-loan-fund
    This fund was stablished by the City of Atlanta for businesses operating in the city limits. It is available to for-profit and non-profit, with 50 or fewer full-time employees and have been in operation for 1 year. Must also have a current City of Atlanta business license and be current on all city of Atlanta taxes and fees. The loan will need to be paid back over a term not to exceed five years at an interest rate of 0%, It also has a 6 to 12 month deferment before the first payment is due. For more information or to apply, visit the website.

WEMC Posted 3/25

​Receive updates about the FacebookSmall Business Grant. 
https://www.facebook.com/business/boost/grants

Resources for restaurants & hospitality industry Are you food truck operator, restaurant owner or in the hospitality industry? If so click here to receive details about The Giving Kitchen. 
https://rocunited.org/stop-the-spread/coronavirus-support/

The Giving Kitchen supports food service workers with compassion and care by providing financial assistance to those in crisis due to an unexpected illness, injury, death of an immediate family member or housing disaster in Georgia.
https://thegivingkitchen.org/covid19

Kiva is a non-profit that expands access to capital for entrepreneurs around the world. More than 2.5 million people have raised over $1 billion on Kiva.
https://www.kiva.org/borrow

Listing of FREE resources, opportunities, and financial relief options available to artists of all disciplines. This includes, but is not limited to, actors, designers, producers, technicians, stage managers, musicians, composers, choreographers, visual artists, filmmakers, craft artists, teaching artists, dancers, writers & playwrights, photographers, etc.
https://covid19freelanceartistresource.wordpress.com/emergency-funding/

The Georgia Department of Labor (GDOL) is temporarily suspending in-person requirements for services provided by the agency and offering online access to unemployment services, partial claim access for employers, and other reemployment services. Employers are required to file partial claims on behalf of their employees whenever it is necessary to temporarily reduce work hours or there is no work available for a short period. Any employer found to be in violation of this rule will be required to reimburse GDOL for the full amount of unemployment insurance benefits paid to the employee.
https://dol.georgia.gov/blog/new-information-filing-unemployment-partial-claims-and-reemployment-services

Principal Designer - Myrna Fuller