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Oh, boy. The loans range from $100,000 to $300 million. Colorado Nonprofit Association is launching a Colorado Nonprofit COVID-19 Facebook group and LinkedIn group with the intent of creating a shared space for Colorado nonprofit professionals to connect virtually, provide support, post resources, and generate community-powered solutions. The Paycheck Protection Program (PPP) provided forgivable loans of up to $10 million for costs incurred from February 15, 2020 to June 30, 2020. Gov. New rules are now available to assist you in navigating your PPP loan through the sale of your business. We will email you whenever we have news to share, which could be daily, weekly, or monthly depending on the situation. formId: "8c490d90-b109-4e9c-97b7-a24ebc6da16c" Applications for this fund are closed and all funds have been awarded. Applications for this program are closed. Multiple state agencies are working with local government associations and governments, regional councils of governments and economic development agencies, and non-profit distributors on eligibility, applications and distribution. They have been especially hard-hit by the COVID-19 economic crisis, with minority and woman-owned small businesses being hit the hardest. portalId: "5672311", Businesses must have at least one employee unless they are a sole proprietorship, and they must have a reduced revenue of at least 20% due to capacity restrictions from public health orders. The fund consists of $250 million. Given the complexity and scope of the Paycheck Protection Program, rules, forms and timelines continue to change. A Colorado Tenantâs Guide to COVID-19. We also have compiled a comprehensive list of Nonprofit Lenders in Colorado. Your first stop for information on Colorado's response to COVID-19. It will be continuously updated. Facts about your Health First Colorado coverage; Tips to protect our communities; How you can help; Answers to your questions; Sign up to get updates; Your Health and Safety Is Our Priority The Energize Colorado Gap Fund provides more than $25 million in small business loans and grants to boost small business enterprises throughout the state. The Express Bridge Loan Pilot Program allows small businesses who currently have a business relationship with an SBA Express Lender to access up to $25,000 with less paperwork. Our ColoradoGives program connects Coloradans to more than 2,900 local nonprofits, providing an easy way to learn about and support these vital organizations online. 633 17th Street, Suite 201 Denver, CO 80202-3660 Phone: 303-318-8000 Give Us Website Feedback Customer Service Feedback Or, if you know of a nonprofit ⦠Washington COVID-19 mess: Pac-12 must help USC, Colorado. For the latest news, please review the Governor's press releases.The Colorado Department of Public Health and the Environment developed the Colorado COVID-19 website that houses all of their communications and the latest information regarding Colorado's response. [CDATA[// >, COVID-19 Business and Nonprofit Resources, Colorado Department of Public Health and the Environment, Colorado Office of Economic Development and International Trade, Colorado Department of Labor and Employment, Coronavirus Disease 2019 (COVID-19) in Colorado: State & National Resources, Governor’s Council on Economic Stabilization and Growth, Alternative Sources of Funding Google sheet, employers to defer the deposit and payment, Colorado Department of Labor's unemployment page, 1600 Broadway, Ste. 211 Colorado (vital covid resources): 2-1-1 or (866) 760-6489 or text your zip code to 898-211. Talk to your local lender and find out if they are an SBA Express Lender. This organization is a nonpartisan consortium of 80 Colorado law firms dedicated to creating and increasing opportunities for children, the poor and other disadvantaged communities through pro bono legal advocacy, negotiation, and litigation. To help inform you about the latest coronavirus (COVID-19) updates, experts from Children's Colorado have gathered information from local and national health authorities. View public health information and case data on COVID-19. The Colorado Department of Labor and Employment created a Layoff Assistance page, which outlines a number of programs and resources to help business owners make difficult decisions around laying off employees. Wait for guidance from your lender on when to apply for PPP loan forgiveness. More program information will be available on State Treasurer, OEDIT, and CHFA web sites as the launch date nears. So far, 176,694 people have been infected with COVID-19 in Colorado and 2,324 have died of the virus, according to the state health department. Sign up for email updates for the business community about COVID-19. Plan to submit records that can be quickly and easily reviewed by your lender. CO-HELP Coloradoâs call line for general questions about the novel coronavirus (COVID-19), providing answers in many languages including English, Spanish (Español), Mandarin (æ®éè¯) and more. The Colorado Department of Local Affairs (DOLA) Division of Housing (DOH) is working closely with the Colorado Department of Public Health and Environment (CDPHE) as well as other State, City, County, and Federal Partners to develop and implement a coordinated COVID-19 response. As COVID-19 continues to affect Colorado, our fellow citizens still need human services, and there are easy, online ways to apply and get benefits for you and your family. majority-owned by minority, women, or veterans, that have not been successful in pursuing and/or receiving funds from the EIDL, Paycheck Protection Program and Health Care Enhancement Act. The best way to remain prepared is to standardize your record keeping for your PPP loan and to have all your documents easily accessible. Many banks are also waiting for final rulings and anticipated changes to the Paycheck Protection Program. Preference will be given to small businesses: The Colorado Loans to Increase Mainstreet Business Economy Recovery (CLIMBER) Fund will provide loans to small businesses with up to 99 employees. The Colorado COVID Relief Fundâs purpose is to raise and coordinate allocation of funds based on prevention, impact and recovery needs of community-based organizations in Colorado. Small businesses provide half of Coloradoâs jobs. Program details continue to change. The SBA’s Economic Injury Disaster Loan (EIDL) Program provides small businesses and non-profits with low-interest loans that can provide vital economic support to small businesses to help overcome the temporary loss of revenue they are experiencing due to COVID-19. If you are concerned about your ability to pay rent because of COVID-19, A Colorado Tenantâs Guide to COVID-19 was written by attorney Zach Neumann with input from a coalition of housing advocacy organizations. Remember your lender will have thousands of these PPP forgiveness applications to review, so keep your application concise and to the point. Sign up for our COVID-19 email updates. The COVID-19 dial dashboard helps people identify which counties are at what level of openness. Dr. Michael Douglas is the first person in Colorado to receive convalescent plasma to help fight COVID-19. Read our resources and updates. After submitting that application, you will then continue with the more detailed EIDL application. [CDATA[// >
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