Our goal is to keep our residents, employees and employers healthy. It is important to stay informed as the COVID-19 situation evolves.
Resources for Businesses
Idaho Small Business Development Center (SBDC)
The Idaho SBDC business advisors are available to provide information and technical assistance on SBA Economic Injury Disaster Loans and to help you navigate the economic impacts caused by COVID-19. Find more information here.
Idaho Women’s Business Center (WBC)
The Idaho WBC is available to provide information and technical assistance on SBA Economic Injury Disaster Loans and to help you navigate the economic impacts caused by COVID-19. Find more information here.
Small Business Administration Idaho Offices
There are several SBA offices in Idaho which offer many small business loan and assistance programs and are currently helping small businesses understand how to access and apply for the capital they need. To find the SBA office near you, click here.
Financial Programs for Businesses
IMPORTANT NOTE: No business may take more than one resource or it may be considered a, “duplication of benefit.” Businesses may not be forgiven for amounts paid for leave if they are eligible for a tax credit to off-set the cost.
BE PREPARED: Compile company documents, such as certificates or articles of incorporation, bylaws, operating agreements, and certificates of good standing. In addition, you will need financial information that a normal lending situation would require such as financial statements, tax returns, and payroll information. Take careful records of your business during the pandemic.
pAYCHECK PROTECTION PROGRAM (CARES ACT)
The PPP is a loan designed to provide a direct incentive for small businesses to keep their workers on the payroll. SBA will forgive loans if all employees are kept on the payroll for eight weeks and the money is used for payroll, rent, mortgage interest, or utilities. The PPP will be available through June 30, 2020
HOW TO APPLY:
You can apply through any existing SBA 7(a) lender or through any federally insured depository institution, federally insured credit union, and Farm Credit System institution that is participating. Other regulated lenders will be available to make these loans once they are approved and enrolled in the program. You should consult with your local lender as to whether it is participating in the program.
SBA economic injury disaster loan program (eidl)
The SBA’s Economic Injury Disaster Loans offer up to $2 million in assistance and can provide vital economic support to small businesses to help 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. The interest rate for non-profits is 2.75%. The SBA offers loans with long-term repayments in order to keep payments affordable, 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 Economic Injury Disaster Advance Loan Immediate $10k Advance
In response to the Coronavirus (COVID-19) pandemic, small business owners in all U.S. states, Washington D.C., and territories are eligible to apply for an Economic Injury Disaster Loan advance of up to $10,000.
This advance will provide economic relief to businesses that are currently experiencing a temporary loss of revenue. Funds will be made available within three days of a successful application. This loan advance will not have to be repaid.
RESOURCES FOR INDIVIDUALS
The CARES Act provides rebates to most US taxpayers. No application is necessary, the government will be using your 2019 tax return if it has been filed, or your 2018 tax return if not. The best guess on when rebate checks will be available is May.
- Any individual who reports making $75,000 gross income or less will receive $1,200 (must have a work-eligible social security number)
- Any individuals filing jointly reporting making $150,000 gross income or less will receive $2,400 (must have work-eligible social security numbers)
- Anyone filing either individually or jointly is eligible for an additional $500 rebate per child claimed on your tax return.
- These rebates apply to anyone with no include or who claim income from non-taxable benefits programs.
- If your income exceeds the limits, you are still eligible for a rebate, but the rebate amount will decrease by $5 per $100 of annual income that exceeds the thresholds for individuals or joint filers.
Another way to cut your monthly financial burden is to seek assistance for utility bills, credit card bills and rent/mortgage. Most major companies (and many local companies) are offering some type of assistance program – it just takes some time on your part to call and negotiate.
FILING FOR UNEMPLOYMENT
If you are not currently working full time, it is a good idea to start the process for filing for unemployment as soon as possible. You can still file for unemployment even if you expect to return to work in the next 16 weeks but are currently unable to do so because of the CODID-19 pandemic.
- File online HERE
- If you require assistance or do not have access to a computer, please call the Idaho Department of Labor claims center at (208) 332-8942.
- Please note: the high volume of people seeking unemployment claims means that some patience will be needed – keep calling if the line is busy, keep refreshing the form if the website is overloaded. The Department of Labor staff is primarily working remotely as well and is working to get to everyone as quickly as possible.
Child care is difficult in the best of times. We are working on finding additional resources for child care options (like matching approved babysitters with immediate needs – more to come in this area soon). A few local daycares do remain open, but please check with each provider to learn more about their current policies.
If you have immediate needs, please contact the Community Cares Information Center – INFO HERE.
LOCAL FOOD BANK/SCHOOL LUNCHES
Donnelly Food Pantry (next to the Donnelly Fire Station): Open 4pm – 6pm on Thursdays for drive-up service. Also offering boxes of supplies throughout the week as needed. Please call or text Allision at (408) 891-1441to discuss your needs.
**Donation box available 24/7 – call if leaving non-perishable items, fruit/veggie donations preferred on Wed/Thurs.
McCall-Donnelly School District. Meals are distributed via drive-up service at Donnelly Elementary and Heartland High School at Noon and 1pm (children must be present). Pre-order is not necessary, but the District is encouraging families to use this link to pre-order for up to one week of meals (this helps with meal prep and to make sure they have enough meals on hand). Visit https://mdsd.nutrislice.com/menu (works best in Chrome).
ADDITIONAL FOOD PROGRAMS
This federally funded program is for Women, Infants and Children and provides eWIC cards to buy healthy supplemental foods from grocery stores, help finding healthcare and other community services as well as nutrition education and breastfeeding support.
To find out if you are eligible, visit https://www.fns.usda.gov/wic or call Central District Health at (208) 327-7400.
The Supplemental Nutrition Assistance Program (also know as food stamps) helps families meting eligibility requirements and provides a debit-like card to use at grocery stores. To find out if you are eligible, call 1-877-456-1233 or CLICK HERE.