COVID Business Resources

Updated 3/23/2020

Here are some resources for business resources for those affected by the COVID-19 pandemic.

Small Business Association (SBA) Disaster Assistance Loans

Loans are available for small business and non-profit organizations. While terms will be established on a case-by-case basis, many will have a thirty-year repayment term with first payments not due for up to twelve months. Businesses should expect to provide a tax transcript, financial statements, and a profit and loss statement. Interest rates will range from 2.75% to 3.75%.

The application is now live, and Georgia small business owners can go directly to the SBA for assistance.

Please note that applicants are applying for the Economic Injury Disaster Loan (EIDL) Program, so they MUST select the Economic Injury (EIDL) Loan Option. If they select the wrong option, they do not have to re-register but they will need to start the application again.

The following PDF explains the Three Step Loan Process: LINK 

Applicants may also call SBA’s Customer Service Center at (800) 659-2955 or email disastercustomerservice@sba.gov for more information on SBA disaster assistance.

LINK TO SBA APPLICATION


Unemployment Information

The Governor and Commissioner of Labor, Mark Butler, created a mandate for employers to electrically file partial claims on behalf of their employees whenever it is necessary to temporarily lay workers off. Filing partial claims results in employees receiving unemployment insurance (UI) benefit payments faster, usually within forty-eight hours for claims filed electronically. Employees for whom a partial claim is filed are not required to report to a GDOL career center, register for employment services, or seek other work. All Georgia employers will share in the cost of unemployment benefits paid to employees temporarily displaced due to COVID-19. More information on the waiver process may be found at the Georgia Department of Labor’s website.

LINK TO GDL WEBSITE

Georgia Job Board

Cherokee County Job Board


Restaurant Information

The Georgia Restaurant Association has put together a page for restaurants that contains some information for restaurants during this period of time.

LINK TO GA REST ASSOCIATION


State of Georgia Business Registration

Secretary of State Brad Raffensperger announced that businesses are facing hardships and will have more time to complete their registrations. Raffensperger extended the annual registration deadline from April 1 to May 1. No penalties or late filing fees will be levied until after May 1.

Local (City of Woodstock) Assistance

The city will not assess interest or penalties to Water & Sewer Utility payments not paid by the March 30 due date.

City of Woodstock will not charge interest for the month of March for delinquent personal or real property accounts.

There will be no additional penalties for delinquent business occupation taxes applied April1st.

Alcohol excise pouring tax for restaurants and breweries, City of Woodstock will allow payments, which are due March 20, to be deferred for 30 days.


COVID-19 Hotline

The State of Georgia has a new COVID-19 hotline. If you believe that you are experiencing symptoms of COVID-19 or have been exposed to the novel coronavirus, please contact your primary care doctor, an urgent care clinic, or your local federally qualified healthcare center. Please do not show up unannounced at an emergency room or health care facility. Hotline: (844) 442-2681


Other Funding Sources

Facebook is offering $100M in cash grants and ad credits through their Small Business Grants Program.