Thursday, April 30, 2020

The City of Hollywood’s Office of Communications, Marketing and Economic Development is available to talk you through any of your business-related issues. Contact us at 954.921.3620 or by email.

Business Assistance: Navigating COVID-19

Applications are now being accepted for the SBA's Paycheck Protection Program (PPP)

Need an SBA-approved lender to apply for PPP?

Use this search tool to find nearby lenders eligible to issue a loan under the Paycheck Protection Program.

Due to high demand for this program, we advise you to contact your lender(s) and confirm if PPP applications are still being accepted.

AICPA's List of Recommendations For
PPP Application & Loan Forgiveness

The American Institute of CPAs (AICPA) has outlined the steps businesses should take both when applying for a PPP loan, as well as guidelines to maximize PPP loan forgiveness. Review these steps now to submit an effective PPP application and prepare for loan forgiveness at the end of the 8-week covered period.

Among other suggestions for loan forgiveness, the AICPA urges that:

The 8-week covered period under PPP should align with the beginning of a pay period, not the date loan proceeds are received.
The 8-week period should commence once local stay-at-home restrictions are lifted, not when loan proceeds are received, so small businesses have adequate funds to ramp up operations.
Full-time job equivalents (FTEs) can be calculated using a simple wage-based proxy when hours worked are not tracked by the employer.
Payroll reduction calculations should be based on average payroll per employee per week, not total compensation per employee.

Click here for AICPA's List of Recommendations

LEARN HOW TO APPLY

Webinar Recording: Updates on Business COVD-19 Assistance & Restarting

Click here to
watch the recording
of today's webinar

Payroll Protection Program funds are expected to run out as early as this week — Get your application in ASAP!

Join this daily webinar to learn about the application process and support documents, and ask any questions that you might have.

Tomorrow, Friday, May 1 • 10AM
Cost: Free

REGISTER HERE

Grants available for restaurants impacted by COVID-19.
APPLY NOW

Financial impact of COVID-19: What retailers and landlords can do

Read about long and short term landlord liquidity, what landlords and retailers can do, and how the CARES Act stacks up.

Learn who qualifies for these IRS payments which are now being distributed.

Learn if your business can benefit from this program and how to apply.

Considering laying off your employees?
Watch this first.

Check the status of your Bridge Loan application here.

Reemployment Assistance Application Guide

Access our step-by-step guide here.

COVID-19 Assistance for Hollywood Businesses

State and local orders are in place to protect public health and safety.

Hollywood Restaurants - Delivery & Takeout Lists

Has your restaurant adapted to COVID-19 closures? Register any available services here.

View available business resources from the Greater Hollywood Chamber of Commerce.

Broward SCORE: Upcoming Online Workshops for Small Businesses

Learn from the experts with SCORE’s small business training workshops.

Help activate additional financial assistance resources with this survey.

Assistance is available from the Greater Fort Lauderdale Convention & Visitors Bureau.

Request a one-on-one business assistance meeting.

Business Assistance: Learning & Development

Informational Webinar for FastTrac® Start-Up Program

Does your Hollywood business have a new product/service to launch while adapting to the COVID-19 economy? Get guidance from marketing & business experts and create a solid business plan with the City of Hollywood's FastTrac® Start-Up Program.

Watch this video and see what previous graduates have to say.

Thursday, May 7 • 4 pm to 5 pm
Cost: Free
REGISTER HERE

**THIS FREE PROGRAM IS ONLY AVAILABLE TO CITY OF HOLLYWOOD RESIDENTS**

Memorial Healthcare System is in need of plasma donors!
Learn how to donate potentially lifesaving plasma to those in need.

There’s Strength in Numbers… Make Hollywood Strong!
Fill out your Census questionnaire today: www.my2020census.gov

Links to these established programs can be found on the City's Economic Development website. Please continue to monitor www.hollywoodfl.org and www.choosehollywoodfl.com for the latest updates.

Economic Development Division
Raelin Storey, CMED Director
Herb Conde-Parlato, Economic Development Manager
Tekisha Jordan, Principal Planner
Marina Melo, Economic Development Marketing Coordinator

Community Redevelopment Agency - Beach & Downtown Districts
Jorge Camejo, Executive Director
954.924.2980