This page is continually updated with the latest information and resources
This page provides information about resources for Portage County businesses and residents affected by COVID-19. This is a rapidly evolving situation and we will update this page as new information becomes available.
For additional assistance please contact PDB President, Brad Ehrhart, at [email protected].
Portage County Resources
Utilities & Service Providers-
- Portage County Commissioners COVID-19 Re-start Assistance Loan Program- In an effort to assist those businesses preparing to re-start their business after the government mandated shutdown, the Portage County Commissioners are offering working capital loans to assist small businesses re-start operations. These loans are 24-month amortized repayment period at an interest rate of 2% with an initial 3-month deferral of principal and interest.Loan Criteria:
- Taxes must be current through 3/31/20
- Borrower must be able to demonstrate, based on the previous 2 years tax returns or financial statements, that payments can be made at a minimum DSC of 1:1.
- Borrower must provide a detailed description of the use of funds.
- Minimum of 1 LMI Job Retained (Business owner does not qualify)
- Collateral will be a UCC filing on all business assets, or for longer terms, Real Estate.
- Personal Guarantees of all owners with more than 20% ownership are required.
Businesses will be eligible for up to $10,000 in Economic Development Revolving Loan Funds for working capital to restart their businesses. Interested businesses should contact: Jen Davis | [email protected] | (330) 671-0540 or Jim Shank | [email protected] | (330) 389-9480
- Center of Hope
- Kent Social Services
- Miller Community House (MCH)
- Skeels-Mathews Community Center
- Supportive Services for Veteran Families (SSVF)– and Housing and Emergency Support Services (HESS) for housing emergencies call or email HESS 330-296-1111 / [email protected] or if a veteran call 855-234-7310/ [email protected]
- The Portage County Senior Center
- Freedom House
- Safer Futures
- United Way of Portage County 211
Ohio Safety Guidelines for Reopening:
- Consumer, Retail & Services
- General Office Environments
- Manufacturing, Distribution & Construction
- Salons, Spas, Barbershops & Tanning Facilities
- Restaurants & Bars
- Child Care
- Camping and Campgrounds
Social Services Assistance:
- Enhanced Unemployment Aid for Ohioans: The Governor has issued an executive order, which will grant the Ohio Department of Job and Family Services (ODJFS) with the authority to accept and grant requests for unemployment compensation suspending the normal 1-week waiting period. This order will also give relief to applicants who are not offered paid leave through their job, as well as those who have been quarantined by a medical professional, their employer, or whose employers must temporarily close. Those who apply for unemployment under these circumstances will be exempt from the requirement that they be actively seeking work.For more information, please go to Unemployment.Ohio.gov or JFS.Ohio.gov/Coronavirus.
State-Level Business Assistance:
- SharedWork Ohio: SharedWork Ohio is an alternative to layoffs for employers. It allows workers to remain employed and employers to retain their staff during times of reduced business activity. Under a SharedWork Ohio plan, employers reduce hours to avert a layoff. The participating employee works the reduced hours, and the Ohio Department of Job and Family Services provides an unemployment insurance benefit proportionate to their reduced hours. JFS.Ohio.gov/SharedWorkOhio
- One-time Liquor Buyback: The Ohio Department of Commerce will immediately begin offering a one-time liquor buyback option to support bars and restaurants. This will especially aid those establishments that have stocked up on high-proof liquor ahead of the St. Patrick’s Day holiday for which they now have no use, due to their closure to in-house patrons. This opportunity is also extended to those with temporary (F2) permits for events scheduled between March 12 and April 6, 2020. If a business has questions about this program, they should reach out directly to the Liquor Enterprise Service Center (LESC) at 1(877)812-0013 or by emailing [email protected].
- Support for Small Businesses & Non-Profit Organizations: Thanks to a concerted effort by our partners throughout the state, Ohio small business can now apply for SBA Economic Injury Disaster Loans (EIDL).This program provides low-interest loans up to $2 million in order to help businesses overcome the temporary loss of revenue during the state of emergency.Non-profit organizations in Ohio will also be eligible for low-interest loans through the SBA’s Economic Injury Disaster Loan program. Businesses impacted by the current public health crisis can contact[email protected] for more information. Additional details about the SBA Economic Injury Disaster Loan Program is available at SBA.gov/Disaster.
- Small Business Relief Office Website: The Office of Small Business Relief (OSBR) 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. Click here.
- Ohio TechCred: Ohio’s TechCred Program gives employers the chance to upskill current and future employees in today’s tech-infused economy. Employers who submit successful applications will be reimbursed up to $2,000 per credential when current or prospective employees complete eligible technology-focused credentials. Current application period ends June 30, 2020. Click here
- Minority Micro-enterprise Grant Program: Up to $10,000 for small minority and women owned businesses with 10 or fewer employees. To be eligible, businesses must have been certified as a Minority Business Enterprise or woman-owned EDGE-certified business as of Feb. 29, 2020; have 10 or fewer employees and up to $500,000 in annual revenue; and have not received funding under the federal CARES Act. Click here
- Ohio PPE Retooling and Reshoring Grant Program: Up to $500,000 for Ohio businesses to retool or reshore PPE Production. 20% of the available $20 million is set aside for manufacturers with less than 25 employees. Click here.
Business Relief Assistance:
- IRS Employee Retention Credit- The Treasury Department and the Internal Revenue Service today launched the Employee Retention Credit, designed to encourage businesses to keep employees on their payroll. The refundable tax credit is 50% of up to $10,000 in wages paid by an eligible employer whose business has been financially impacted by COVID-19.
- Paycheck Protection Program (PPP) Loans- The program would provide cash-flow assistance through 100 percent federally guaranteed loans to employers who maintain their payroll during this emergency. If employers maintain their payroll, the loans would be forgiven, which would help workers remain employed, as well as help affected small businesses and our economy snap-back quicker after the crisis.
- Small Business Debt Relief Program- This program will provide immediate relief to small businesses with non-disaster SBA loans, in particular 7(a), 504, and microloans. Under it, SBA will cover all loan payments on these SBA loans, including principal, interest, and fees, for six months.
- Economic Injury Disaster Loans & Emergency Economic Injury Grants-These grants provide an emergency advance of up to $10,000 to small businesses and private non-profits harmed by COVID-19 within three days of applying for an SBA Economic Injury Disaster Loan (EIDL).
- Counseling & Training- If you, like many small business owners, need a business counselor to help guide you through this uncertain time, you can turn to your local Small Business Development Center (SBDC), Women’s Business Center (WBC), or SCORE mentorship chapter. These resource partners, and the associations that represent them, will receive additional funds to expand their reach and better support small business owners with counseling and up-to-date information regarding COVID-19.
- Government Contracting- If you are a government contractor, there are a number of ways that Congress has provided relief and protection for your business. Agencies will be able to modify terms and conditions of a contract and to reimburse contractors at a billing rate of up to 40 hours per week of any paid leave, including sick leave.
- Delay of Payment of Employer Payroll Taxes– This provision would allow taxpayers to defer paying the employer portion of certain payroll taxes through the end of 2020, with all 2020 deferred amounts due in two equal installments, one at the end of 2021, the other at the end of 2022.
Salesforce Care Small Business Grants– $10,000 to provide capital to help keep businesses afloat. These grants will support small businesses as they work to replenish materials, pay salaries, or adapt their business model to overcome these challenging times. The grant application will be available to US businesses in mid-April and we will be providing additional details on financial support to international small businesses in the near future, for a total financial commitment of $5 million.
Emergency Loan Fund Available for Portage County Artists and Musicians– In partnership with Arts Cleveland and the Char and Chuck Fowler Family Foundation, NoteWorthy Federal Credit Union has created a $250,000 Emergency Loan Fund for artists, musicians and people working in arts organizations to replace income lost to COVID-19 cancellations and shut-downs.
ECDI Recovery Loan Program-ECDI is facilitating a COVID-19 Recovery Loan program as a compliment to existing SBA programs. The loan amount is up to $20,000 for new ECDI clients or up to $50,000 for previous ECDI loan recipients. The loans are at 6% for 69 months with the first 3 months being interest only. Required documentation is minimal; credit score requirement (TransUnion) is 590 or higher. Applicants also must meet base SBA guidelines (not in default of any prior federally backed loans, for-profit businesses only, etc.).