Join us for our Weekly COVID-19 Update! Our Weekly COVID-19 Situation Update Virtual Meeting is Wednesday at 1:00pm. Some Agenda Items Are: A Situational update

How other business owners are handling the situation

Information about access to assistance, financial and other To keep everyone in the loop, these virtual meetings are ongoing and held every Wednesday at 1:00pm until further notice. RSVP FOR OUR ZOOM MEETING

Available COVID-19 Resources

Business Resources:

OESC Unemployment Insurance FAQs and Important Messages: https://www.ok.gov/oesc/Claimants/Claimant_Unemployment_Insurance_FAQs_on_COVID-19.html

Oklahoma Department of Commerce: https://www.okcommerce.gov/covid19/

Personal Protective Equipment Directory: https://www.okcommerce.gov/ppe-source-directory/

SBA Loan Resources: https://www.sba.gov/page/coronavirus-covid-19-small-business-guidance-loan-resources

Paycheck Protection Program Information (Including Forgiveness): https://www.sba.gov/funding-programs/loans/coronavirus-relief-options/paycheck-protection-program

Tulsa County Business RESET Program

Tulsa Economic Development Corporation (TEDC Creative Capital), in partnership with the Tulsa County Board of Commissioners, is pleased to launch and lead the Tulsa County RESET Program.

The Tulsa County RESET Program provides economic support to small businesses and non-profit organizations in the form of forgivable loans and grants, respectfully.

Small companies and the clients of non-profits continue to manage an unbearable burden as we prepare for a slow recovery, adjust to a new norm and reestablish operations all while continuing to serve customers and meet the growing needs of the community. The Tulsa County RESET Program has been created to help you survive this financial crisis.

For more information or to apply: https://tedcnet.com/reset-program/

Families First Coronavirus Response Act:

SBA's Customer Service Center

To check the status of your loan application or Advance, call SBA’s Customer Service Center at (800) 659-2955 or email disastercustomerservice@sba.gov .

or email . SBA is presently processing millions of loan applications – there may be delays at our Customer Service Center – please be patient, don’t give up – keep trying to get through.

Employee Retention Tax Credit Information:

Overview of the Tax Credit: covid19-employee-retention-tax-credit.pdf

TEDC Creative Capital: https://tedcnet.com/programs/lending/

Business Resilience and Recovery Loans The City of Tulsa, in collaboration with TEDC, has created the Business Resilience and Recovery Fund providing loans up to $50,000 to help meet the immediate working capital needs of EXISTING small businesses. Funds are being provided by the City of Tulsa. ZERO processing fee, ZERO interest and ZERO payments for 3 months pending available funding. Thereafter, the principal will be paid over 3 to 5 years. To qualify, businesses must demonstrate a decrease in revenue of at least 25% due to COVID-19, have fewer than 50 employees and have 2019 revenues less than $5,000,000. To apply for the Tulsa Business Resilience and Recovery Loan: https://tedcnet.com/apply-online/



Kiva loans

Effective immediately, U.S. applicants for a Kiva loan will have access to the following:

Expanded eligibility: More businesses in the US will be eligible for a Kiva loan.

Larger loans: The maximum loan on the Kiva platform will increase from $10,000 to $15,000.

Grace period: New borrowers may access a grace period of up to 6 months for greater financial flexibility.

If you’re a small business owner who believes you can benefit from a Kiva loan, or you know one in your community, reach out. Join us at kiva.org/borrow and apply for a loan. The Kiva community is behind you.

Find out more → http://bit.ly/2U882sV

Capital Access Manager: Jeff Burdge tulsa@local.kiva.org

Workforce Resources: