COVID-19 Business Resources
Important Updates from Small Business Administration (SBA)
- Restaurant Revitalization Fund (SBA) - NOW AVAILABLE!
- Shuttered Venue Operators Grant (SBA) - Application portal has re-opened, learn more here.
- Paycheck Protection Program (Second Round) - Now closing May 31, 2021.
- Economic Injury Disaster Loans - SBA increases lending limit for COVID-19, learn more here.
- Targeted Economic Injury Disaster Loan (SBA) - Effective immediately applicants can send a request for application re-evaluation.
SBA's Restaurant Revitalization Fund - Application Portal Now Open!
This program provides emergency assistance for eligible restaurants, bars, and other qualifying businesses impacted by COVID-19.
- Sign up for Restaurant Revitalization Fund email updates here.
- Access SBA's Restaurant RevitalizationFund Reference Sheet created by City of Henderson here.
- Learn how to prepare for the Restaurant Revitalization Fund Grant here.
- When to apply:
The official application launch date will be announced shortly. Ahead of the application launch and over the next two weeks, the SBA will establish a seven-day pilot period for the RRF application portal and conduct extensive outreach and training on how to apply, application requirements and where to apply. Participants in this pilot will be randomly selected from existing PPP borrowers in priority groups for RRF and will not receive funds until the application portal is open to the public. Following the pilot, the application portal will be opened to the public. For the first 21 days that the program is open, the SBA will prioritize reviewing applications from small businesses owned by women, veterans, and socially and economically disadvantaged individuals. Following the 21-day period, all eligible applicants are encouraged to submit applications.
SBA's Venue Operators Grant Application - Application Portal Now Open!
The Shuttered Venue Operators Grant program was established in the Economic Aid to Hard-Hit Small Businesses, Nonprofits and Venues Act and amended by the American Rescue Plan Act to provide over $16.2 billion in economic relief to target industries.
- Eligibility requirements for Shuttered Venue Operator Grant can be located here.
- Pre-liminary Application Checklist can be located here.
- Shutter Venue Operators FAQ can be located here.
Paycheck Protection Program - Second Round Key Information - closes May 31st
SBA has updated its guidance on PPP. Those documents are attached to this message, and are summarized below:
- PPP borrowers can set their PPP loan’s covered period to be any length between 8 and 24 weeks to best meet their business needs;
- PPP loans will cover additional expenses, including operations expenditures, property damage costs, supplier costs, and worker protection expenditures;
- The Program’s eligibility is expanded to include 501(c)(6)s, housing cooperatives, direct marketing organizations, among other types of organizations;
- The PPP provides greater flexibility for seasonal employees;
- Certain existing PPP borrowers can request to modify their First Draw PPP Loan amount; and
- Certain existing PPP borrowers are now eligible to apply for a Second Draw PPP Loan.
A borrower is generally eligible for a Second Draw PPP Loan if the borrower:
- Previously received a First Draw PPP Loan and will or has used the full amount only for authorized uses;
- Has no more than 300 employees; and
- Can demonstrate at least a 25% reduction in gross receipts between comparable quarters in 2019 and 2020.
SBA's Economic Injury Disaster Loan - Applicants can request re-evaluation
Effective immediately, applicants can send a request for re-evaluation of a Targeted EIDL Advance application that was declined to the following email address: TargetedAdvanceReevaluation@sba.gov.
Applicants should follow these instructions when requesting a re-evaluation:
- Send an email to TargetedAdvanceReevaluation@sba.gov
- Use the subject line “Reevaluation Request for [insert your 10-digit application number]”
- In the body of the email, include identifying information for the application such as application number, business name, business address, business owner name(s) and phone number
- Important: Include an explanation and any documentation that addresses the reason for the decline, if available. SBA will contact applicants if additional documentation is required to complete the review.
As immunizations with COVID-19 vaccines move ahead, the Henderson area can look forward to our region’s return to normal functioning in the months ahead. In the interim, the City of Henderson will remain dedicated in our efforts to provide the needed support for commerce during this challenging time. Henderson’s business community and city residents have shown impressive resilience in the face of this global pandemic. We’re proud to work together for Henderson’s future.
A vital network of support and services is available to you as a business owner in Henderson. This city and this state are committed to your success, working in collaboration to keep your operation running as smoothly and strongly as possible. Below, see a few of the connections that provide important information on wide-ranging business areas.
Department of Business and Industry (B&I) has developed a Resource Center for business owners/entrepreneurs helping them to plan for what happens during these uncertain times and navigate the new challenges as they restart their operations.
Nevada Department of Employment, Training and Rehabilitation (DETR) has compiled multiple resources regarding unemployment claims and job seeking on their website, with unemployment information for claimants and employers on their website. For information on Rapid Response assistance call (775) 684-0362 or email email@example.com
Nevada JobConnect provides a portal where job seekers can find more information and file a claim for Pandemic Unemployment Assistance.