COVID-19 Update 26.0
San Juan County - Utah's Canyon Country
Tuesday 14 April 2020
Dear Partner,
The Federal Reserve released initial guidelines for another program in the CARES Act. The Main Street Lending Program will enhance support for small and mid-sized businesses that were in good financial standing before the crisis by offering 4-year loans to companies employing up to 10,000 workers or with revenues of less than $2.5 billion. Principal and interest payments will be deferred for one year. Eligible banks may originate new Main Street loans or use Main Street loans to increase the size of existing loans to businesses. 
SBA’s PPP program . As of 04/13/2020, Utah has had 12,914 PPP loans approved with a dollar amount of $2,617,066,864. Nationally, 1,035,086 loans have been approved with a dollar amount of $247,543,393,521
Businesses applying for the SBA EIDL have started receiving these clarification emails regarding the loan advance. The SBA is providing small business owners and non-profits impacted by COVID-19 with the opportunity to obtain up to a $10,000 Advance on their Economic Injury Disaster Loan (EIDL). The Advance is available as part of the full EIDL application and will be transferred into the account you provide shortly after your application is submitted. To ensure that the greatest number of applicants can receive assistance during this challenging time, the amount of your Advance will be determined by the number of your pre-disaster (i.e., as of January 31, 2020) employees. The Advance will provide $1,000 per employee up to a maximum of $10,000.
The Governor’s Office of Economic Development:
Round 2 of the Utah Leads Together Small Business Bridge Loan Program opened up on  Monday, April 13 th  at 8:00 am and will be closing on Thursday, April 16 th  at 12:00 pm noon (MST) . 

For those who are interested in applying, please visit:  https://business.utah.gov/utah-leads-together-small-business-bridge-loan-program/ .  As a reminder, for-profit businesses and 501(c)(3)s are eligible to apply for this round of funding.

Please plan a head in this application. Prior to submitting a complete application there is a "pre-application" that can take up to a day to process.
Fintech companies including PayPal, Intuit and Square have all been approved to participate in the U.S. Small Business Administration’s (SBA)  Paycheck Protection Program :
With the PPP loan opening for sole proprietors and 1099 contractors , we recommend businesses with questions regarding application in these categories and as a small business join the World Trade Center and Lendio for a webinar on how to apply.
WTC Utah Webinar Series: How To: PPP Loans for 1099 Contractors and Sole Proprietors
Register: Click Here
Join WTC Utah, in partnership with Lendio, for a webinar focusing on Paycheck Protection Program Loans. PPP Loans are open for sole proprietors, 1099 contractors and other small business owners, but many are confused about eligibility, owners draw and which lenders will let them apply. Find answers and lending options with Ben Davis, CRO at Lendio. Lendio matches borrowers with lenders to find the best loan options and rates. Come learn how Lendio can help your small business utilize the Paycheck Protection Program.

What: WTC Utah Webinar Series: How To: PPP Loans for 1099 Contractors and Sole Proprietors
When: Thursday, April 16 from 9:00-10:00 am MST
The State of Utah’s Department of Workforce Services is finding new ways to meet the needs of our changing economy. With the influx of unemployed workers caused by the COVID-1 pandemic, and at a time of social distancing, DWS is rolling out its first ever Virtual Job Fair. Nearly 40 companies who have employment needs have signed up to participate.
 
Now is the time to reach out to job seekers. The statewide Virtual Job Fair will be held Thursday, April 16, from 10:00 a.m.-1:00 p.m. Registration details are found at  www.jobs.utah.gov   Job seekers can create an account to connect to the virtual job fair.
A note : our emails are becoming long, particularly with all the funding resources available. Please note that often you cannot see the entire email in your email window. If you scroll to the base of our email just click "[Message clipped] View entire message" to view the full email.
BUSINESS TIPS
Improve Your Tech Skills: Pluralsite is offering free courses throughout the entire month of April.

How to?
BUSINESS WEBINARS & RECORDINGS
As a reminder all pertinent economic development & business webinars, as they become available are being posted on our website www.utahscanyoncountry.com/covid-19 scroll down to the tab "COVID-19 Webinars"
Wednesday, April 15, 2020
Utah Office of Outdoor Recreation Summit Speaker Series: Customer and Community Engagement through the COVID-19 Pandemic , 8:30-9:45 AM. CLICK HERE to register.
Due to the COVID-19 pandemic, we’re in crisis communications mode, and it’s time to rethink our planned marketing or communications strategy. Businesses still need to communicate with customers, employees and their community. Using authentic messaging that reflects the right tone and context for your audience is vital. Now’s the time to support your customers and community with positive messages and encouragement as we work through this challenging time together. It’s time to be human, not promotional.

Join the Utah Office of Outdoor Recreation (OOR) for a webinar with Pitt Grewe, OOR’s new director, as we safely social distance by conducting a virtual panel discussion with Utah outdoor industry brands.
We'll hear from panelists:
  • Jay Hampton, CMO, Cotopaxi 
  • Patrick Keller, Head of Marketing and Ecommerce at GOAL ZERO
  • Alex Hunt, DPS Skis
  • Josh Heath, Managing Director at Codeword 
  • Landon Boogaard, MTB Enthusiasts of Utah

Join Hangouts Meet : meet.google.com/hpa-cyou-rwc Meeting ID: meet.google.com/hpa-cyou-rwc
Phone Numbers: (‪US‬)‪+1 720-465-1916‬ PIN: ‪849 809 760#‬
Thursday, April 16, 2020
Women's Business Resource Center: Virtual Coffee with Clancy: Small Business Owner Employer Support for Rural Communities, 9-10:30 AM, Register: Click Here

Amber Jackson, Workforce Development Specialist, will talk to us about what small business employers need to know during the current Covid-19 crisis, where they can go for help, and which resources are available from the Utah Department of Workforce Services.Amber will also answer questions like: What steps do you need to take when letting an employee go so you are covered legally? At what point do you need to make a 1099’d subcontractor an employee? What are the requirements that a small business employer has to provide a full-time employee?
Join the Silicon Slopes SMB Series: PPP Deep Dive Part 2 + Loan Forgiveness via YouTube, 5PM, Tune in for the live discussion on  YouTube  here .

The second installment of the Silicon Slopes SMB Series. Each week we’ll be taking a deep dive into your current pressing issues. This week the panel will continue last week’s discussion of the application process for the Paycheck Protection Program, but  dive deep on how to allocate and manage the funds to help make your loan forgivable .
ONGOING WEBINARS
The University of Utah - David Eccles School of Business will be hosting free forums called Navigating COVID-19: How to Save Your Business . These forums are focusing on specific business topics related to navigating these unprecedented times every Tuesday and Friday in April. For more information visit: https://eccles.utah.edu/programs/executive-education/product/mikeleavitt/?utm_source=none&utm_medium=eccleslink
Impact Utah is offering a free webinar series titled "Your COVID Business Plan Survive Then Thrive." Click here for details: https://impactutah.org/your-covid-business-plan/
FUNDING RESOURCES
Below we have outlined local, state, and federal resources where funding is available. We recommend that businesses act quickly if they are interested. Please note information is constantly evolving, if you are tracking a funding source be sure to check back regularly. There is an update timestamp in the footer of the resource document for reference.
SBA 7a Personal Protection Program (PPP) Updates:
Funding for this program is distributed by SBA lenders, we advise you talk to your local SBA lender ASAP.

  • Wells Fargo is expanding applications and will open applications this afternoon (4/8/20), you will need to have had a WF Business Checking Account since 2/15/20. Apply here: https://bit.ly/3c0AfZQ 
  • Zions Bank is continuing to accept applications. Apply here: https://bit.ly/2xerlJw 
  • For a list of lenders who do not require a previous relationship click here: https://bit.ly/2UO0NrF
  • Online lenders, such as Divvy are also entering the arena. Read more, click here.
  • For a full list of lenders visit this link: www.sba.gov/paycheckprotection/find
  • For sole proprietorship businesses applications will open Friday (4/10/20)

Also, if you are interested in PPP--consider reading through this latest FAQ sheet from the SBA. For a sample application click here .
Please note changes in SBA Economic Injury Disaster Loan Advance .  In order to qualify for the Advance, you must submit this   new application  even if you previously (prior to 3/30/20) submitted an EIDL application. Applying for the Advance will not impact the status or slow your existing EIDL application.

Funds will be made available within three days of a successful application, and this loan advance will not have to be repaid.
Utah has launched an SBA Rapid Response team to help answer immediate SBA loan/program questions. Please use the following form to reach out to the team. Also you are welcome to contact our office.
A dditional resources can be found by following:
Bluff businesses will be closed until May 10th
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 directory of county businesses and their temporary COVID-19 hours, adjusted operations, and offerings.

Business Directory: http://bit.ly/33tdCKl

To be listed or edit a listing contact: ssmith@sanjuancounty.org
BUSINESS WEEKLY SPOTLIGHT: Goulding's
With many of our local businesses remaining open we will be running features on our Newsroom to inspire our community to buy local. For a full list visit our business directory: http://bit.ly/33tdCKl
In the 1980’s, Harry Goulding’s health was poor and he knew that the LaFont family, (dear friends of his,) could keep a promise Harry had made years before. That promise is based on the good of the community. In 1981, the LaFont family bought the property, the same year that Harry passed away. Soon after, Mike (Wife of Harry) returned to her home in Monument Valley, where she spent her final days knowing her husband’s promise would be kept.
#SanJuanStrong
Businesses across the county continue their daily operations. Four Corners Electric , was spotted in Blanding installing Redd's Ace Hardware's new display scree. "We are happy to be here, still working, still serving the four corners area, and helping to make the world go round at this time."
Help us find and share these features by tagging @sanjuanedvs and #SanJuanStrong
Remember to Read...
Current San Juan County Updates
Previous Emails
For earlier updates visit our website: www.utahscanyoncountry.com/covid-19 , tab "Local Resources"
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/
Please feel free to contact our office with any questions 435-587-3235 or 800-574-4386

Who to contact?
Natalie Randall, nrandall@sanjuancounty.org
  • Business & Funding questions (RLF, SBA, State, etc)
Allison Yamamoto-Sparks, ayamamoto@sanjuancounty.org
  • Visitor Information 1-800-574-4386
Stuart Smith, ssmith@sanjuancounty.org
Cheers,
San Juan County EDVS