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Navigating COVID-19 and Beyond

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Information and Resources During the COVID-19 Outbreak

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VA Phase One Guidelines for Businesses

The Governor's office released guidelines for businesses to follow during Phase One of reopening. These guidelines include best practices and requirements for all business sectors as well as for specific industries. You can read information about the Phase One guidelines at the Forward Virginia website or download the attached pdf version below.

See More 

Access a checklist and guided process to evaluate and reopen your business!

A Process to help you navigate how to move forward with your business during and after the COVID-19 pandemic

The Virginia SBDC network has developed the Business Recovery webpage to help owners carefully plan for and execute their businesses’  new strategy. Reopening a business under current circumstances requires owners to make a careful analysis of the current situation, their capabilities, and goals.  They must recognize how the market and customer has changed- the same applies to businesses that were able to continue operations.  Additionally, businesses will need to calculate the new operating costs they’ll incur with additional safety measures. It might also necessitate owners to re-imagine their business concept. The detailed guidelines in the Business Recovery web page cover a broad range of critical considerations for business recovery. 

Breaking news from SBA on EIDL Loans for Agriculture Businesses

Economic Injury Disaster Loans (EIDL) & Advances: The SBA is unable to accept new applications at this time for the EIDL-COVID-19 related assistance program, including EIDL Advances, based on available appropriations funding. Applicants who have already submitted their applications will continue to be processed on a first-come, first-served basis.

Previous EIDL & Advances Status: If you submitted an application, received correspondence from SBA, and have a loan number that begins with a “3”, you are in the queue and your patience is appreciated.  If you would like to further inquire about the process and understand what to expect next you should contact the Office of Disaster Assistance 24/7 Customer Service line at 800-659-2955. 

Who qualifies for Pandemic Unemployment Assistance (PUA)?

PUA provides unemployment benefits to those traditionally not eligible for unemployment benefits due to the inability to work because of the coronavirus health crisis. These workers include: self-employed, independent contractors, workers with limited work history, and more. Review this checklist to confirm you qualify.  

If you think you are eligible for PUA, please note:

  • In order to be deemed eligible for PUA, applicants MUST first apply for traditional unemployment insurance and be denied. Information about the PUA application process can be found here: https://www.vec.virginia.gov/   Please note: This page will provide a link to the PUA application but individuals still must FIRST apply for unemployment insurance.
  • Once denied unemployment insurance, individuals may apply for PUA at:  https://www.vec.virginia.gov/html/pua.html

This flowchart shows you how the process works. 

Can I Get Help with the Loan Preparation Process?

Yes! The Loudoun SBDC has coaches that can help you with loan package preparation. If you have questions about the process or need assistance in gathering information or filling out application forms, contact us and we will get you connected with a coach as soon as possible. NOTE: All coaching through the SBDC Loudoun is free of charge.

To help you understand the EIDL Application process we’ve prepared this video overview and guide for the new streamlined application:

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How do I apply for the Paycheck Protection Program?

The Coronavirus Aid, Relief, and Economic Security (CARES) Act allocated $350 billion to help small businesses keep workers employed amid the pandemic and economic downturn. Known as the Paycheck Protection Program, the initiative provides 100% federally guaranteed loans to small businesses who maintain their payroll during this emergency.

Importantly, these loans may be forgiven if borrowers maintain their payrolls during the crisis or restore their payrolls afterward.

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Upcoming Events

Register for our CORONA KICKSTART WEBINAR SERIES

Replays from the Resource Library

Preparing for PPP Loan Forgiveness and Beyond with Deleon & Stang

You secured an SBA Paycheck Protection Program Loan. Take a minute to breathe; you earned it. Now, are you prepared for loan forgiveness? Are you ready for what is next?DeLeon & Stang speakers: Brad Hoffman, CPA, DeLeon & StangJohn Sheehan CPA, DeLeon & StangBrett A. Friedman, CFP®, DeLeon & Stang

Posted by Loudoun County Chamber of Commerce on Tuesday, May 5, 2020

About the SBDC Loudoun

Resources for business growth

The Loudoun Small Business Development Center (SBDC) was created to promote entrepreneurship and small business growth. It fulfills that mission by providing one-on-one coaching, educational offerings such as 1 Million Cups and workshops like How to Start a Business and the Business Plan Boot Camp as well as information on all aspects of small business management. From start-up through growth stage, we provide current and innovative resources and support small businesses that go on to achieve their greatest success.

Proudly Supported By

This program is supported in part by an agreement with the U.S. Small Business Administration.

Headlines

VA Phase One Guidelines for Businesses

The Governor's office released guidelines for businesses to follow during Phase One of reopening. These guidelines include best practices and requirements for all business sectors as well as for specific industries. You can read information about the Phase One...

Virginia SBDC Network Business Recovery Resource Page

A Process to help you navigate how to move forward with your business during and after the COVID-19 pandemic The Virginia SBDC network has developed the Business Recovery webpage to help owners carefully plan for and execute their businesses’  new strategy. Reopening...

Navigating Paycheck Protection Program (PPP) Loan Forgiveness

Since the second round of the Paycheck Protection Program opened on April 27, about 2.2 million loans have been made to small businesses, totaling more than $175 billion, according to the Small Business Administration. The loans, which are intended to cover eight...

Reopening Virginia: Recap of Governor Northam’s Announcement

Governor Northam outlined his plan to reopen Virginia businesses. Northam said  “the overwhelming advice” from two dozen business owners and officials on his business task force was to reopen the entire state instead of gradually by region, although he also stated...

IRS Coronavirus Resource Page

The IRS has set up a web page dedicated to providing resources as well as offering tax help for taxpayers, businesses, tax-exempt organizations and others – including health plans – affected by coronavirus (COVID-19). Please visit:...

Contact

Phone

703-466-0466

Email

mec20175@gmu.edu

Address

202 Church St SE, Leesburg, VA 20175

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