Small Business & Workplace COVID-19 Resources
Part of the Community, Professional, and Economic Development’s mission is to provide business assistance. During the current COVID-19 pandemic, things seem to be changing daily. We’ll keep this page as updated as possible. You can also find additional UAEX COVID-19 resources here: uaex.edu/covid-19
LATEST STATE APPROVED GUIDELINES FOR ARKANSAS BUSINESSES
Arkansas Ready for Business
As COVID-19 recovery enters a new phase, this single site has been created to get vital and evolving information to Arkansas businesses and their customers. It is the single source for the latest state-approved guidelines.
Details: Arkansas Ready for Business
The SBA has reopened the EIDL portal to ALL eligible small businesses!
As of 7/11, EIDL advances have concluded, however, loan applications will still be processed even though the advance is no longer available.
Paycheck Protection Program Loan (PPP) Forgiveness
October 9 - U.S. Small Business Administration & Treasury Announce Simpler PPP Forgiveness for Loans of $50,000 or Less!
As of August 8th, the PPP application process for receiving PPP loans has ended. PPP forgiveness information for those that received PPP loans is included below. On August 11th, Treasury and SBA posted additional PPP guidance.
SBA and The U.S. Department of Treasury have posted a revised, borrower-friendly PPP loan forgiveness application as well as an EZ application.
Paycheck Protection Program (PPP) Flexibility Act
The U.S Senate by unanimous consent passed legislation that would give recipients of the PPP more flexibility in how the funds can be used. It has now been signed into law by President Trump.
Coronavirus Food Assistance Program (CFAP)
Are you a farmer or rancher whose operation has been directly impacted by the coronavirus pandemic? The Coronavirus Food Assistance Program provides direct relief to producers who faced price declines and additional marketing costs due to COVID-19.
USDA is accepting applications. The second round opens September 21. Producers should apply through the Farm Service Agency at their local USDA Service Center. They are offering several webinars for producers.
ADDITIONAL commodities were added: rice, peanuts, & soft red winter wheat
Second round opens Sept. 21 & closes December 11
Adjusting your Business Model
Small Business Resources
Arkansas State Chamber is providing business resources and daily updates. Sign-up
to receive Chamber emails by contacting: ARStateChamber@arkansasstatechamber.com
The United States Chamber of Commerce has developed many resources for small businesses during the COVID-19 pandemic. You can explore their website for details on the resources. We have gathered some of those resources here to make it quicker and easier for you to assess what is available.
- Coronavirus: 8 Things Your Small Business Needs to Do
Here are the top CDC-recommended tips that small business owners can take to mitigate risk, protect employees and support customers during the COVID-19 pandemic.
- COVID-19 Emergency Loans: Small Business Guide
- Flyer that small business owners can use to assure their customers that they are following
the health and safety guidance as prescribed by the Centers for Disease Control and
Prevention (CDC), as well as the local public health department.
- Toolkit known as “Resilience in a Box”
- Small Business Resource Guide
Complete coronavirus coverage, updated daily with new resources to assist you and your business.
Arkansas Ready for Business
A single source for accessing industry specific guidelines/directives for businesses and consumers.
Arkansas State Chamber/AIA
COVID-19 Prevention Best Practices Document to assist businesses with reopening efforts. Governor Hutchinson's State of AR Executive Department Proclamation EO - 20-13(3) f, requires all Arkansas businesses to post signs at facility entrances. State Chamber/AIA developed a sign that your business can print & post.
Center for Disease Control (CDC)
The purpose of this tool os to assist employers in making (re)opening decisions during the COVID-19 pandemic, especially to protect vulnerable workers. It is important to check with state & local health officials and other partners to determine the most appropriate actions while adjusting to meet the unique needs and circumstances of the local community.
Festivals & Events
The objective of this document is to provide a best-practice guide to industry colleagues who are responsible for organizing and delivering organized industry events and exhibitions of all sizes, in all locations.
Reopening Guide addresses health & sanitary issues that event & venue professionals need to consider in order to protect patrons and workers.
Kentucky Small Business Development Center
As you're planning to reopen your business, here's a free template to help you develop and communicate your Preparedness Plan.
As businesses begin to look at reopening and/or planning to transition to the 'new normal', there are a number of factors to consider and decisions to be made. This checklist should be helpful no matter what stage you are in to determine your next steps.
Little Rock Regional Chamber
The following quick reference guide was developed in partnership with several Chamber member ad agencies. It is meant to be a starting point to help businesses begin to formulate what and how they communicate their relaunch message.
Main Street America
Reopening safely - helpful tips for small business owners
Personal Protective Equipment (PPE)
As businesses begin to reopen, PPE will be required in most instances. However, it can be difficult to locate. Three lists of PPE possibilities are included.
Society for Human Resource Management (SHRM)
SHRM has several reopening resources posted on their Facebook Page.
Target has released a 60-Page PDF called SAFE Retail that includes advice on running a business during a health crisis and even ready-to-print signs for other retailers. Although Target is considered a huge corporation, small businesses can gain tips from their SAFE Retail document.
U.S. Chamber of Commerce
To help inform employers seeking to reopen safely and successfully, the U.S. Chamber has launched a new Business Reopening Digital Resources Center which provides state-specific guidance, industry-specific information, small business reopening advice, a standard employee screening questionnaire, a playbook for your small business, as well as a customizable flyer.
Arkansas Division of Workforce Services
The Arkansas Division of Workforce Services has posted a notice for individuals inquiring about the availability of unemployment insurance benefits as a result of the COVID-19 Pandemic.
Internal Revenue Service (IRS)
The IRS has established a COVID-19 resource section focused on steps to help taxpayers, businesses and others affected by the coronavirus. Information on the extended tax filing deadline can be found here. This is where information regarding stimulus payments will eventually be posted.
Families First Act
Governor's Quick Action Loan Program
Arkansas Attorney General, Leslie Rutledge, announced on 3/20 that she is dedicating an additional $3 million into this fund (this is on top of the $4 million already dedicated to same fund making for a total of $7 million). This money is from settlements and not tax payer dollars.
Small Business Administration (SBA)
SBA’s Economic Injury assistance – definition has been updated/expanded to include Coronavirus. It’s the first time in history that a virus or something of that nature has been included. This isn’t a loan to cover lost profit, but it is to cover lost revenue that prevents a business from making payroll, loan payments, etc. The Governor announced on 3/20 that Arkansas has been declared a disaster area by SBA.
Women's Foundation of Arkansas (WFA)
WFA's assistance fund for women owned small businesses experiencing economic hardship due to COVID-19. $5,000 grants are available for 100% women owned businesses who employ 50 individuals or less. 75% of funding will be granted to businesses owned at least 51% by a woman of color.
Arkansas Small Business Technology and Development Center (ASBTDC)
COVID-19, or the novel coronavirus, will affect your small business in some way. Some things to prepare for are employees missing work, customers staying away, or vendors not filling orders. ASBTDC is providing reliable sources of information to help your business plan and continue operations in these uncharted times.
- ASBTDC COVID-19 Resources Page
- National Small Business Technology and Development Center
- Upcoming Webinars Series "Keep Calm and Small Business"
- Recorded Webinars
Arkansas Procurement Technical Assistance Center (PTAC)
The Arkansas Procurement Technical Assistance Center's mission is to assist Arkansas small businesses to succeed in obtaining government contracts. During the Coronavirus pandemic, PTAC will be offering online trainings related specifically to conducting governmental business during disasters among other resources for businesses that are involved in government contracting.
The Conductor empowers entrepreneurs, innovators, and makers.
Arkansas Municipal League
Business Interruption Insurance
Small business owners are encouraged to check their policy or call their insurance agent.
Although these efforts are Fayetteville specific, it may spark ideas that can be incorporated in other areas. Read about how Fayetteville Forms Task Force to Help Small Businesses
Support Local is an initiative that lets you show your support for your local businesses during this challenging time. The platform is built by Gannett, a news media company that includes USA TODAY and hundreds of local media brands. Our news brands have always had a special relationship with their local businesses and are dedicated to supporting them. We hope that our efforts will allow them to continue to serve their communities in the future.
There aren't many Arkansas businesses currently included in the support local campaign!
Here's how the public can help:
- Search for a local business
- If your favorite business isn’t on the list, add it
- Purchase a gift card now so that you can enjoy it later
Coronavirus Disease 2019 (COVID-19) Updates & Resources - business and otherwise (*this is not an endorsement for Senator Boozman, but rather a sharing of information)
Small Business Relief Tracker
The University of Central Arkansas offers “How do small businesses respond to COVID-19?
A great – and FREE – resource. All small businesses and nonprofits: Claim your listing, or add your listing if it's not there yet. https://www.upliftarkansas.com/
If you’re applying for financial assistance, you will be asked to provide a copy of your most recent utility bill. You can obtain a copy of your recent bill by logging into myAccount or myEBUSINESS or by calling 1-800-ENTERGY for assistance.
Small Business Infographics
Click image to download infographic, or download the Continuing Your Small Business tip sheet .
Click image to download infographic, or download the Support Arkansas Small Businesses tip sheet.