The City of Delaware is committed to supporting our local business community during the rapidly evolving Coronavirus situation.
In particular, we know our local small businesses may need information and support from the City during this challenging time. This page has been created as a one-stop shop for info and resources for our local business community.
Given the pace of change, this list is not exhaustive, but we will attempt to keep it as current as possible.
On April 29, 2020, the Ohio Department of Health, under the direction of Governor Michael DeWine, issued a director’s Stay Safe Ohio order. This order includes the reopening of businesses, with exceptions and continues a Stay Healthy and Safe at Home Order.
If you still have questions after reviewing the order, please contact your local economic development professional to receive direction on if your company is an essential or non-essential company. Our contact information is listed below:
Sean Hughes, City of Delaware Economic Development Director
Courtney Hendershot, Economic Development Coordinator
Bob Lamb, Delaware County Economic Development Director
Kelsey Scott, Delaware County Economic Development Coordinator
The Office of Small Business Relief (OSBR) - This new state office is focused on identifying and providing direct support to the state's nearly 950,000 small businesses to help during the current public health crisis and to position them for a strong rebound.
Paycheck Protection Program (PPP) opens today, January 11, for new borrowers & certain existing PPP borrowers - Updated on 1/11/2021
-PPP borrowers can set their PPP loan’s covered period to be any length between 8-24 weeks
-PPP loans will cover additional expenses, including operations expenditures, property damage costs, supplier costs, & worker protection expenditures
-The Program’s eligibility is expanded to include 501(c)(6)s, housing cooperatives, direct marketing organizations;
-Greater flexibility for seasonal employees
-Certain existing PPP borrowers can request to modify their First Draw PPP Loan amount & Certain existing PPP borrowers are now eligible to apply for a 2nd PPP Loan A borrower is generally eligible for a 2nd PPP Loan if the borrower:
-Previously received a First Draw PPP Loan & will or has used the full amount only for authorized uses
-Has no more than 300 employees & Can demonstrate at least a 25% reduction in gross receipts between comparable quarters in 2019 & 2020
For more info visit sba.gov/ppp or treasury.gov/cares.
SBA, in consultation with the Treasury Department, released additional PPP guidance and resources on Jan. 19, 2021, as follows.
New IFR: Loan Forgiveness & Review Procedures Per Economic Aid Act
Revised PPP Loan Forgiveness Applications
Borrower Disclosure Form
Per the Economic Aid Act, borrowers that received First Draw PPP Loans before Dec. 27, 2020 are required to disclose whether a Covered Individual held a Controlling Interest in the Borrower at the time the Borrower’s loan application was submitted to the PPP lender. A form is now offered for this disclosure.
Senate CARES ACT Reference Sheet (Payroll Protection Program Loans MUST be applied for through an existing SBA lender (bank). Links to those are below.)
Goldman Sachs Global Small Business Stimulus Package: A $275 million commitment to provide funding and lending to small businesses during this time of stress.
$250 million to provide emergency loans to small businesses across the country. As a start, we have partnered with the City of New York for a $20 million emergency loan facility that will bring flexible capital up to $75,000 to businesses with fewer than 100 employees (apply here). We have also anchored the City of Chicago’s $100 million emergency loan facility with $10 million (learn more here). Additional partnerships will span multiple cities and countries.
$25 million in grants to Community Development Financial Institutions (CDFIs) and other mission-driven lenders to ensure they have the necessary capacity to underwrite and deliver loans to small businesses as soon as possible
Main Street Lending Program - The Main Street Lending Program is being offered by the Federal Reserve. The loans are from $500,000 to $25 million and ARE NOT forgivable. Eligible companies will apply for these loans through an eligible lender. For more information ->> https://www.federalreserve.gov/monetarypolicy/mainstreetlending.htm
This is the Governor Dewine's executive order allowing for commercial mortgage and rent relief.
Please know that it is up to YOU to establish a new payment plan with your bank or landlord. This doesn't just give you the ability to not pay.
Export and Import Assistance:
City, State and Federal Taxes:
Utility and Telecom Assistance:
Agents at the AEP Ohio Business Solutions Center are on standby. Whether it’s a sole proprietor looking for payment assistance, or a larger company hoping to retain its workforce, they are ready to talk about the following below as businesses stand strong in the weeks ahead. Business experts are available at 888-710-4237. Information is also available on AEPOhio.com/COVID19.
- Suspended processing fees on credit and debit card bill payments through June 30, 2020- Loan programs, such as the SBA’s Paycheck Protection Program, that can be used to pay utility bills
- Energy usage and facility insights to help guide budget decisions- Information on bonus incentives to purchase and implement energy efficient products for businesses
- Tips to avoid scammers and keep information safe during these uncertain times
COVID Resource Providers:
The City of Delaware is not endorsing the resource providers below. The City of Delaware has created this list based on providers who have reached out to us and asked to be included as a resource for businesses during the COVID recovery phase.
Public Health Updates: