As you all well know, over the course of the last week or two there have been many changes to the retail industry as result of the COVID-19 pandemic. In many states, restaurants, retail shops and offices are being asked to close their doors until April 1st, 2020.
As your landlord, we understand that this can be devastating for any business owner to hear and process. However, there are steps you can take. We have compiled a list of resources that may be available to assist. We will continue to research funding available and update as new information is released.
We encourage you to act quickly as some of the provisions being offered will be on a “first come, first serve” basis. We want to make sure that all of our tenants are successful and able to get the help they need.
Please do not hesitate to reach out at any time with questions or concerns, we know that every circumstance is unique and we want to find a solution that fits you and your business.
For more information on Presidential & SBA Agency declared disaster areas, visit this link. Here you will be able to see if your state currently qualifies for SBA Disaster Loan Assistance and apply for a loan. Again, remember that these are first come first serve, please act quickly. Also, frequently check back to see when your state may qualify.
If you are unfamiliar with the SBA Coronavirus (Disaster) Loan Assistance Program, view an informational PDF here.
For local information on how to help your state become qualified for SBA Disaster Loan Assistance, please call your local Chamber of Commerce. They are working closely with their state of residence in order to get funding. You may be able to help move things along by signing a petition or completing a worksheet. For frequent updates, follow them on Facebook as well.
For general information on how to prepare yourself and your business for COVID-19, view this helpful article here.