QUICK NOTE:
Small businesses should complete the application below based on the virus and the economic injury that exists for your company.
 
Some tips they said were to save your application number.  It will populate as you are completing the application.  Write it down and save in your files for future reference.  You will receive an email once the application is submitted and it will have your information as well. 

The loan is for “economic injury” that is being felt by the COVID-19 crisis.  On the application you will see a drop down box asking why you are applying for the loan, this needs to be listed as “disaster declaration”.

And here are some helpful contacts at our District Office should you need them:
SBA Columbus District Office:
Dave Townsend - (614) 427-0467; [email protected]
Jerome Jones - (614) 427-0476; [email protected]
Shannon Feucht - (614) 626-7041; [email protected]
Thalia Amador Lastra - (614) 427-0407; [email protected]

Coronavirus (COVID-19) Assistance
If you are inquiring about Coronavirus (COVID-19) assistance, the U.S. Small Business Administration is offering low-interest federal disaster loans for working capital to small businesses in designated areas suffering substantial economic injury as a result of the Coronavirus (COVID-19).

As of March 21, 2020, small businesses located in all 50 states, the District of Columbia, and the U.S. territories of American Samoa, Guam, Northern Mariana Islands, Puerto Rico, and the Virgin Islands are now eligible to apply for SBA Disaster Assistance.

If your business was economically impacted by Coronavirus (COVID-19) you may apply online at https://disasterloan.sba.gov/ela. If you are unable to apply online, you may download an application at https://disasterloan.sba.gov/ela, under the Loan Information tab.
 
Completed applications should be mailed to:
U.S. Small Business Administration
Processing and Disbursement Center
14925 Kingsport Road
Fort Worth, TX  76155
 
To find the latest information related to the Coronavirus please continue to check our website at sba.gov/disaster.
 
Additional information about our Economic Injury Disaster Loans:
• SBA’s Economic Injury Disaster Loans offer up to $2 million for working capital to help support small businesses overcome the temporary loss of revenue they are experiencing. 
• These loans may be used to pay fixed debts, payroll, accounts payable and other bills that can’t be paid because of the disaster’s impact. The interest rate is 3.75% for small businesses and 2.75% for non-profits. 
• SBA offers long-term loans up to a maximum of 30 years. Terms are determined on a case-by-case basis, based upon each borrower’s ability to repay.
• SBA’s Economic Injury Disaster Loans are just one piece of the expanded focus of the federal government’s coordinated response, and the SBA is strongly committed to providing the most effective and customer-focused response possible.
 
If you have any additional questions, please feel free to reach back out to us via email, or call our Customer Service Center at (800) 659-2955. Individuals who are deaf or hard‑of‑hearing may call (800) 877-8339.
 
Thank you in advance for your patience,
SBA’s Disaster Assistance Customer Service Center

Bureau of Workers’ Compensation

• ACTION: Insurance policy payments for March, April, and May can be deferred until June 1st, 2020.
• More information on the announcement may be found here.

Department of Commerce

• ACTION: The Ohio Department of Commerce is offering a one-time liquor buyback program for bars and restaurants.
• Products must have been obtained in the last 30 days and applies to select F2 permit holders too. Click here for more information.

Department of Insurance

• ACTION: Insurers must permit employers to continue covering employees under group policies even if the employee would become ineligible due to a decrease in hours worked per week.
  
• View the full bulletin released on March 20th here.
  

Department of Jobs and Family Services

• ACTION: SharedWork Ohio is a layoff aversion initIative for businesses aimed at curtailing unemployment during economic downturns.
• Interested businesses must submit the names and the hourly schedules of employees to be uniformly reduced. JFS will then compensate these employees with unemployment benefits. Employers can find more information on eligibility here. Common questions and answers on evolving JFS policies may be found here.

Department of Transportation

• ACTION: A special blanket permit for haulers carrying heavy or oversized loads of food, non-alcoholic beverages, medical supplies, cleaning products, and other household goods has been approved.
• More information on the order and the permit can be found here.

TechCred

• ACTION: Provides reimbursement for business upskilling employees through a select list of verified skill development programs.
• Keep employees engaged from home or utilize downtime by growing employee knowledge. More information and how to apply can be found here.

We know our small businesses are in crisis. The federal government has declared a national emergency related to the coronavirus pandemic.

Please join Joshua Stutzman from the US Small Business Administration as he explains who is eligible and what steps you need to take to apply for a SBA Economic Injury Disaster Loan.

(The webinar was live on March 24th at 2pm, but a recording has been made available below.)

Federal guidance and resources in regards to COVID-19, including a link to Congressman Jordan’s Coronavirus Resource page.

Please download and see the below press releases (English and Spanish versions) issued to the media this afternoon.  The Small Business Administration is offering low-interest federal disaster loans for working capital to Ohio small businesses suffering substantial economic injury as a result of the Coronavirus (COVID-19).

The OMA’s mission is to protect and grow Ohio manufacturing. The OMA created this page to share content that is relevant to challenges related to the coronavirus (COVID-19) pandemic. The OMA is in regular contact with state officials, as well as our counterparts at the National Association of Manufacturers, regarding the response to COVID-19.

The OMA will keep OMA members updated regularly through electronic communications from OMA President Eric Burkland, as well as via our normal communication tools, such as the OMA’s weekly Leadership Briefing (subscribe here if you are not already receiving).

If you have health-related questions about COVID-19, contact the Ohio Department of Health’s call center at 1-833-4ASKODH (1-833-427-5634).

Download and Read the Full Order PDF Here
FAQ's Here

The PDF includes:

• Memorandum On Identification Of Essential Critical Infrastructure Workers During Covid-19 Response and Guidance
  
• Essential Critical Infrastructure Workforce: Ensuring Community and National Resilience in COVID-19 Response.

The Ohio Bureau of Workers' Compensation will defer business premiums for the months of March, April and May – leaving $200 million to circulate in the state economy, Lt. Gov. Jon Husted said Saturday.

The payments are deferred to June 1, but the state could reassess before then as the coronavirus pandemic unfolds, he said.

State officials understand the ripple effects on the economy and health when businesses are ordered to close to slow spread of the disease, said Dr. Amy Acton, director of the Ohio Department of Health.

“There is a cascading effect in the economy,” Husted said. “Businesses are going to suffer, and as a result so are their employees. We’re very mindful of that and always trying to seek a balance.”

The bureau has a resource page for injured workers during the pandemic here.

Read the rest of the article on the Columbus Business First website.