April 3, 2020

CARES Act Overview and Loan Comparison

Overview and Comparison of New SBA Loan Opportunities An Overview and Comparison by the SBA of Loans Through CARES This information comes to us from the SBA and compares the relief loans available to small businesses as well as giving business owners the details of next steps to take. SBA Emergency Loans The Coronavirus Aid, Relief, and Economic Security (CARES) Act, signed into law on March 27, 2020, allocates $349 billion to help small businesses keep workers employed amid the current circumstances they are encountering. The CARES Act provides funding for the Paycheck Protection Program, modifies the existing Emergency Injury […]
April 1, 2020

Free Online SBA Loan Webinar

Free Small Business Loan Webinar, Monday, April 6th at 11 a.m. Confused about the ever-changing governmental programs designed to support small businesses through the Covid-19 pandemic? Find out more about SBA loan programs through this timely webinar co-hosted by the Piedmont Triad Regional Council (PTRC) and the US Small Business Administration (SBA).   Get More Information About Loan Opportunities The goal of this webinar is to review two lending opportunities offered by the SBA: Paycheck Protection Program Injury Disaster Loan We will also review regional economic recovery strategies coordinated by the PTRC. How to Register Registration is free, but spaces are […]
March 26, 2020
Tips for supporting Davie County Business during COVID-19 restrictions

Tips for Supporting the Local Economy

Tips on What You Can Do to Help Small Businesses Stay Healthy, Wash Your Hands Often, and Follow the NC Department of Health & Human Services Guidelines. Follow the Social Media Channels for Small Businesses in your Community. Connect Virtually with Small Businesses for Products and Services. Comment and Share Posts from Small Businesses. Shop Small/Shop Local Online or Over the Telephone. Leave 5-Star Reviews for Businesses that You LOVE. Order Take-Out from Local Restaurants, Coffee Shops, Bakeries, etc. Promote Your Positive Experiences on Social Media. Buy Gift Cards NOW and Use Them Later. Buy Items NOW for Future Pick […]
March 19, 2020
disaster declaration for small businesses that are suffering economic losses due to the Coronavirus. Eligible applicants may now apply for economic injury disaster loans

Davie Businesses Can Apply for Economic Injury Disaster Loans

Davie County Chamber of Commerce Announcement About  Small Business Protections Davie County Businesses, I am pleased to inform you the SBA has granted Governor Roy Cooper’s request for a disaster declaration for small businesses that are suffering economic losses due to the Coronavirus. Eligible applicants may now apply for economic injury disaster loans (EIDLs). The COVID-19 pandemic has resulted in modified and additional SBA resources to help our small businesses, small agricultural cooperatives and/or most private nonprofit organizations. Basic info on EIDLs: The U.S. Small Business Administration is offering designated states and territories low-interest federal disaster loans for working capital […]