U.S. Small Business Administration COVID-19 Relief Options
The SBA established a number of programs to help businesses in response to losses incurred from the COVID-19 pandemic. These programs are Paycheck Protection Program, COVID-19 Targeted EIDL Advance, Restaurant Revitalization Fund, Stuttered Venues Grant, and SBA Debt Relief. For further information about each of these programs including eligibility requirements, click here.
Visit Cross-Program Eligibility for a reference chart of criteria when considering multiple funding options.
PAYCHECK PROTECTION PROGRAM (PPP)
On May 6, 2021, the Small Business Administration (SBA) announced that it will only accept new PPP loan applications from community financial institutions. PPP funding for loans originated by lenders other than community financial institutions has been exhausted. The Economic Aid Act set aside $15 billion for loans originated by community financial institutions. The SBA will continue to accept applications for loans submitted by community financial institutions until MAY 31, 2021, or until remaining funds are exhausted.
For more information and how to apply, visit U.S. Small Business Administration Paycheck Protection Program.
Restaurant Revitalization Fund
The American Rescue Plan Act established the Restaurant Revitalization Fund (RRF) to provide funding to help restaurants and other eligible businesses keep their doors open. This program will provide restaurants with funding equal to their pandemic-related revenue loss up to $10 million per business and no more than $5 million per physical location. Recipients are not required to repay the funding as long as funds are used for eligible uses no later than March 11, 2023.
Eligible entities who have experienced pandemic-related revenue loss include:
- Food stands, food trucks, food carts
- Bars, saloons, lounges, taverns
- Snack and nonalcoholic beverage bars
- Bakeries (onsite sales to the public comprise at least 33% of gross receipts)
- Brewpubs, tasting rooms, taprooms (onsite sales to the public comprise at least 33% of gross receipts)
- Breweries and/or microbreweries (onsite sales to the public comprise at least 33% of gross receipts)
- Wineries and distilleries (onsite sales to the public comprise at least 33% of gross receipts)
- Inns (onsite sales of food and beverage to the public comprise at least 33% of gross receipts)
- Licensed facilities or premises of a beverage alcohol producer where the public may taste, sample, or purchase products
For more information and to apply, click here.
Shuttered Venue Operators Grant
The Shuttered Venue Operators Grant (SVOG) program was established by the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act, and amended by the American Rescue Plan Act. The program includes over $16 billion in grants to shuttered venues, to be administered by SBA’s Office of Disaster Assistance.
Eligible applicants may qualify for grants equal to 45% of their gross earned revenue, with the maximum amount available for a single grant award of $10 million. $2 billion is reserved for eligible applications with up to 50 full-time employees.
Eligible entities include:
- Live venue operators or promoters
- Theatrical producers
- Live performing arts organization operators
- Museum operators
- Motion picture theater operators (including owners)
- Talent representatives
Other requirements of note:
- Must have been in operation as of February 29, 2020
- Venue or promoter who received a PPP loan on or after December 27, 2020, will have the SVOG reduced by the PPP loan amount
For more information and to apply for this grant, click here.
COVID-19 Targeted EIDL Advance
SBA Debt Relief
SBA offers debt relief to existing SBA loan borrowers whose businesses have been impacted by COVID-19. For a list of qualifying SBA loans, visit SBA Debt Relief.
Governor’s Executive Eliminates all COVID-19 Restrictions and Mandates
On May 3, 2021, Governor Ron DeSantis, issued Executive Order 21-102 eliminating all local COVID-19 restrictions and mandates on individuals and businesses, effective immediately. This Executive Order supersedes any existing emergency order or ordinance issued by a county or municipality that imposes restrictions or mandates upon businesses or individuals due to the COVID-19 emergency.
Governor's Executive Order opens all Businesses to 100% Capacity
The Governor signed a executive order on September 25, 2020, lifting all previous executive orders he had signed allowing all businesses to operate at capacity.
Workplace Health & Safety
The City of Winter Garden recommends that all businesses and employees continue to follow the CDC Guidelines for Workplaces and Businesses to keep staff and customers safe.
Florida’s Plan for Recovery
The Governor’s State Plan for reopening the state can be found here. Florida began Phase 3 on September 25, 2020. All businesses are currently operating at 100% capacity.
Outdoor Dining and Curbside Program
LOVE LOCAL Winter Garden Campaign Enters Phase Two
The Love Local campaign, launched by the City of Winter Garden last fall, continues in 2021 with a line-up of programs and activities to help small businesses recover from financial losses due to the COVID-19 pandemic. The intent of the Love Local campaign is to build awareness of the importance of financially supporting small businesses and community organizations that are vital to the city. This includes loving ALL of the local community – businesses, non-profits, artists, the farmers market as well as locally produced food.
From now through the summer, the campaign will include monthly activities and initiatives that support local businesses and community organizations. The campaign fittingly launches in the month of love with Valentine’s weekend activities as well as a plea to share the love with local nonprofits. Additional initiatives will include Shop, Dine & Stroll on March 27 in honor of National Mom and Pop Business Owners Day; Arts in April with a daylong celebration on April 17 to support the local arts and artists; the proclamation of May as Outdoor Dining Month; a Winter Garden Farmers Market 13th Birthday celebration on June 5; as well as Downtown decked out Americana-style from May-July.
The City has also partnered with a national company, HOWND, to promote local businesses and increase sales through their effortless foot traffic utilizing their mobile app and other tools. To learn more, please read about the partnership below.
For more information about the Love Local Campaign, please visit https://www.cwgdn.com/35/Business.