Coronavirus Business Resource Guide
The Loudoun Chamber and our members are working hard to do all we can to help all businesses cope with the ongoing Coronavirus/COVID-19 crisis. Below you will find a wide array of valuable resources to help you access the support, financial assistance and information your business needs stay in business, throughout this crisis and beyond. This site will be updated as resources become available.
Have You Built Your Reopening Strategy?
Loudoun: Open for Business Toolkit: Equipping Every Loudoun Business to Adopt a Reopening Strategy Post COVID-19
Things to Know Right Now
U.S. Chamber Guide PPP Loan Forgiveness, Click Here
U.S. Chamber Releases Two New Step-by-Step Guides for COVID Employer Tax Credit, Disaster Loans
Economic Injury Disaster Loan Guide: Update: Congress recently approved an additional $310 billion in funding to restore the PPP Program, which had run out of money. The administration’s PPP program guidelines can be found here, and the U.S. Small Business Administration’s search tool to find a bank that offers PPP loans can be found here.
The CARES Act expanded the Small Business Administration’s long-standing Economic Injury Disaster Loan Program(EIDL), which includes $10,000 grants for eligible applicants. The EIDL program was created to assist businesses, renters, and homeowners located in regions affected by declared disasters. The guide is available here.
IRS – Employee Retention Credit for businesses hurt by COVID-19: The Internal Revenue Service has launched the Employee Retention Credit, 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. For more information, visit the IRS web site.
Employee Retention Tax Credit Guide: The CARES Act created a new employee retention tax credit for employers who are closed, partially closed, or experiencing significant revenue losses as a result of the coronavirus. The guide is available here.
Temporary Paid Leave and Family Medical Leave Guide: The Families First Coronavirus Response Act created new temporary paid sick leave and paid Family and Medical Leave Act (FMLA) programs that are 100% reimbursable by the federal government. Click here to view the new guide which provides information on requirements, employee eligibility, paid leave calculations and exemptions.
“Feeding Loudoun’s Health Care Heroes” Fundraising Campaign
Through Feeding Loudoun’s Health Care Heroes, you can show our local heroes how much you appreciate all that they are doing, and all that they are sacrificing, by buying them lunch. With 100% of the money donated, meals are purchased through Chamber member restaurants.
Support Loudoun Businesses that are Open: “Take Loudoun Home” The #TakeLoudounHome Campaign has launched, in collaboration with Loudoun Economic Development and Visit Loudoun. Check out this online info hub and marketplace to see what local businesses are up to and buy local products straight from this site! If your business is not yet listed, you can also submit your info. Take Loudoun Home
CDC: Start with the US Center for Disease Control and Prevention, the go to source for everything coronavirus/COVID 19.
Loudoun Department of Economic Development: Loudoun’s Department of Economic Development is working overtime to support our businesses during this crisis and just launched a COVID 19 Resource Page filled with great information and resources.
U.S. Small Business Administration: The US Small Business Administration, which is funded through your tax dollars, is here to support your small business success, in both good times and bad Check out these valuable SBA resources:
- SBA Small Business Guidance & Loan Resources
- SBA Online Disaster Assistance Loan Portal
- SBA Loan Application Form
Loudoun County Government: Loudoun County put together this site with great information on how to avoid the coronavirus and how to access government assistance for your family, business or house of worship.
- Tax Update: The Loudoun County Board of Supervisors has approved a recommendation from Treasurer H. Roger Zurn to move the personal property tax deadline from May 5 to June 5, 2020. Learn More Here
State of Virginia Rapid Response Funding: Governor Ralph Northam announced the release of Workforce Innovation and Opportunity Act (WIOA) Rapid Response funding to help Northern Virginia employers remain open and avoid layoffs during the COVID-19 emergency. Learn More
Other great resources include:
- Commonwealth of Virginia Corona Virus Updates
- Virginia Employment Commission
- Virginia Department of Small Business and Supplier Diversity
- What You Should Know About the ADA, the Rehabilitation Act, and COVID-19
Small Business Development Center/Mason Enterprise Center Loudoun: Your best resource for information on accessing and obtaining Federal loans, grants and assistance, including expert business counseling.
Community Foundation for Loudoun and Northern Fauquier Counties: Our Community Foundation has established an Emergency Relief Fund to raise and provide financial support to our families and neighbors most impacted by the coronavirus. You can donate to the Emergency Relief Fund here.
Visit Loudoun: No industry has been hit harder than the tourism and hospitality industry and no industry partner ever works harder for their members than Visit Loudoun. Check out their Healthy Travel Information page.
Donate to the Tourism & Hospitality Relief Fund.
We are standing by our valued friends and partners during this pandemic. We ask that you help us spread the word about the newly created Visit Loudoun Foundation Loudoun Tourism & Hospitality Relief Fund.
DeLeon & Stang CPAs have developed a helpful tool. “Paycheck Protection Program Loan Forgiveness Prep Checklist” View Here
US Chamber of Commerce: The US Chamber is leading the nationwide business community’s response to this deadly disease. Check out their robust “Combatting the Coronavirus” resources site, which includes outstanding guidance for employers who dealing with this situation.
Virginia Restaurant, Lodging & Travel: The Virginia Restaurant, Lodging & Travel also has a robust array of resources for all types of businesses.
Help Those in Need in Loudoun
Inova Loudoun Hospital: How you can help.
Mobile Hope: Due to school closure, Mobile Hope is urgently seeking donations for their breakfast and lunch bags for students in need. For more information on where do drop-off food donations, Click Here. Follow Mobile Hope on Facebook for future updates.
All Ages Read Together: With the cancellation of All Ages Read Together (AART) free preschool classes for low-income families in need for the remainder year, AART is seeking sponsors to fund additional summer classes to help our students begin kindergarten ready on day one. We also created an Amazon wish list to make activity packets for the students and will distribute those packets at outdoor locations in the coming weeks.
Loudoun Education Foundation: LEF is continuing to run their Backpack Coalition Program. Donate Here
2020 Chairman Level Sponsors
2020 President’s Level Sponsors
2020 Partners in Membership