Monday, January 25, 2021

CARES 2021: Free Online Workshop

The Coronavirus Aid, Relief, and Economic Security (CARES) Act and the Coronavirus Response and Relief Supplemental Appropriations Act of 2021 provide fast and direct economic assistance for American workers, families, and small businesses, and preserve jobs for American industries. The City of Hollywood and Broward SCORE will be hosting a free online workshop to discuss the different types of economic relief available to your small business. Registration is required.

Wednesday, January 27 • 2:00 p.m.
Cost: Free
REGISTER HERE

Backing Business: City of Hollywood Partners With Broward SCORE

FREE personal remote mentoring sessions are available with local seasoned business professionals committed to helping our local business community overcome these difficult times.

Click here to schedule your 60-minute mentoring session.

Virtual Open House - 2021 Business Programs

Missed our Virtual Open House?

Click here to watch the recording and learn about all of the FREE resources available to your Hollywood business!

Password: OpenHouse2021

Virtual Meeting: GHCC West Side Business Group
Tuesday, January 26 • 3PM
REGISTER HERE

Paycheck Protection Program
1st & 2nd Draws Webinar

The U.S. Small Business Administration (SBA), in consultation with the Treasury Department, re-opened the Paycheck Protection Program (PPP) for new borrowers and certain existing PPP borrowers.

This round of the PPP continues to prioritize millions of Americans employed by small businesses by authorizing up to $284 billion toward job retention and certain other expenses through March 31, 2021, and by allowing certain existing PPP borrowers to apply for a Second Draw PPP Loan.

Join the South Florida District Office and explore the next steps in the PPP process.

Tuesday, January 26 • 1PM EST • Register Here
(en español) Wednesday, January 27 • 11AM EST • Register Here
Wednesday, January 27 • 1PM EST • Register Here

PPP Loan Portal Is Open To All Participating PPP Lenders

The Small Business Administration (SBA) has re-opened the Paycheck Protection Program (PPP) loan portal to all participating PPP lenders. PPP provides loans to help businesses keep their workforce employed during the Coronavirus (COVID-19) crisis. SBA is currently offering:

First Draw PPP loans- for those borrowers who have not received a PPP loan before August 8, 2020.
Second Draw PPP loans- for eligible small businesses with 300 employees or less and that previously received a First Draw PPP loan. These borrowers will have to use or had used the full amount of their First Draw loan only for authorized uses and demonstrate at least a 25% reduction in gross receipts between comparable quarters in 2019 and 2020. The maximum amount of a Second Draw PPP loan is $2 million.

The Paycheck Protection Program remains open for First and Second Draw PPP loans until March 31, 2021, as set forth in the Economic Aid Act, or until Congressionally-appropriated funding is exhausted. More information on PPP can be found here.

SBA Economic Injury Disaster Loan Program

$20B Available In EIDL Grants

The Small Business Administration (SBA)'s Economic Injury Disaster Loan (EIDL) program portal is open and accepting applications. Congress has allocated a total of $20 billion in new Economic Injury Disaster Loan grants specifically for businesses in low-income communities.

Businesses experiencing economic impacts due to COVID-19 and wishing to apply for this program are encouraged to complete the online EIDL application as soon as possible.

FPL Main Street Recovery Program for Small Businesses

FPL is now accepting applications for the Main Street Recovery Credit Program, which expands their COVID-19 relief effort by offering bill credits to qualifying small and independent businesses.

Establishments in FPL’s service area that are eligible to apply for the program include:

New small businesses
Small businesses that were inactive for at least six consecutive months after March 2020
Existing small businesses operating in federally designated Opportunity Zones

Qualifying small businesses would receive a monthly 10% credit based on the prior month’s energy charge portion of their bill through 2021. Small business customers can click here to fill out an application and seek approval for the new program.

Safe & Clean Pledge
Show Your Commitment to Safely Welcoming Visitors

As Florida is currently among the top states for COVID-19 cases, and cases nationwide are rising, we need to reinforce and showcase that our entire community has a united front to proactively mitigate the spread of COVID-19 and that we are a safe and welcoming destination for all to enjoy.

Thank you to those of you who have taken the Visit Lauderdale Safe & Clean Pledge! More than 350 businesses have taken the pledge. Together we are instilling confidence among residents and travelers that we are committed to their safety and well-being.

If you haven’t already done so, please consider taking the Visit Lauderdale Safe & Clean Pledge today at sunny.org/pledge. Registration takes very little time, and it is FREE. Taking the pledge aligns with CDC recommended guidelines, and your business will be promoted as part of Visit Lauderdale’s marketing efforts on the program.

Upon taking the pledge, you are invited to display the destination’s clearly stated Safe & Clean protocols. You will receive:

• A downloadable Safe & Clean pledge to print and display

• A physical poster delivered to place of business to display

• The Safe & Clean logo will be added to your listing on sunny.org

CLICK HERE TO TAKE THE PLEDGE NOW

Small Business Loans Available Through The CARES Act

Click here to learn more and apply.

Additional COVID-19 Resources For Hollywood Businesses Are Available Here

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