The Highlights

• Let's Help Our Teachers!
• Building Strategic Partnerships Webinar
• Ribbon Cutting
• How Can We Help You!
• Preparing Your Business for Physical and Digital Disasters Webinar Recording
• REOPENED PPP, EIDL, and Other Help for Small Businesses
• Small Business Quarantined Employee Grant
• Community Trainings from The American Red Cross
• Feature Your Business on the Millcreek Business Council Instagram
• Apply to be the Next Millcreek Business Council Business of the Month
• Business Resources

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Ribbon Cutting

We would like to welcome Makam's Indian Restaurant as Millcreek's newest restaurant! Silvia Catten, Millcreek City Council Member, celebrated with them at a ribbon cutting in January! Find out more at: http://www.makamskitchen.com/.

How Can We Help You?

The Millcreek Business Council is working with Serfwerks to gather data to help you! We want to know what we can to you and your business during these crazy COVID times. Take one of the 5-8 minute survey's below to help us help you!

If you are a restaurant: https://nategibby1.typeform.com/to/Mkyfnk5e

All other businesses: https://nategibby1.typeform.com/to/HRn7V4KV

REOPENED PPP, EIDL, and Other Help for Small Businesses

With the passage of the Economic Aid to Hard-Hit Small Businesses, Nonprofits and Venues Act the SBA has reopened the original Paycheck Protection Program and Economic Injury Disaster Loan on January 11. If you already received the first PPP loan, and have spent it all on qualifying expenses, you can apply for the PPP round 2. 

Requirements for the PPP Round 2

"The brand new “Second Draw” program is for small businesses, non-profits, sole proprietors, and independent contractors who have exhausted their initial PPP loan. The program will make new loans through March 31, 2021 or until the new funding is exhausted. 

Eligibility: You are eligible for a second draw loan if you have exhausted your first PPP loan and  

1. you have no more than 300 employees, and  
2. you have experienced a greater than 25% reduction in gross receipts during the first, second, third, or fourth quarter in 2020 relative to the same quarter in 2019. 

Entities with significant ties to China are ineligible for a second draw loan. 

Loan Amount: The maximum loan amount is the average monthly payroll costs for the entity during the 12 months prior to the loan or, at the election of the borrower, 2019 multiplied by 2.5 (or 3.5 for employers in the accommodation and food service industry). 
Seasonal employers utilize average monthly payroll costs for a 12-week period between February 15, 2019 and February 15, 2020.  

A loan may not exceed $2 million." Read more from the US Chamber of Commerce here.  

Small Business Quarantined Employee Grant

The $2 million Small Business Quarantined Employee Grant uses federal CARES Act funds as part of Utah’s response to the coronavirus pandemic. It provides reimbursement to small business employers who pay employees to stay home during quarantine or isolation for a maximum of 40 hours per week for a period of up to two calendar weeks.

One of the easiest ways to protect a business as well as slow the spread of COVID-19 is to ask sick employees to stay home. Many employees are nervous to take time off if they are sick for fear of losing their job or income while they get better. Employees may also hesitate to tell their employer if someone in their home has tested positive for COVID-19 or if they have come in close contact with someone who has tested positive.

This grant will help make that choice easier by allowing employers with less than 50 employees to continue to pay quarantined or isolated employees and then be reimbursed through the grant.

To be eligible businesses must have:

• Less than 50 employees in Utah.
• One or more employees receiving notice that the employee must quarantine or isolate due to positive COVID-19 test or exposure to someone who has tested positive.
• Continued to pay out regular wages to an employee(s) while the employee was in quarantine/isolation.

To apply go to: https://laborcommission.utah.gov/small-business-quarantined-employee-grant/

Business Resources 

Millcreek Business Resources Page:

Click here Business Resources for COVID-19 or copy and paste the link below to learn more about business resources for COVID-19. 

https://millcreek.us/394/COVID-19-Business-Resources