COVID-19 Business Resources

COVID-19 Resource Page

There is a lot of uncertainty surrounding the impacts of the coronavirus pandemic - the health of family & friends, educating our children, continuing to work, and keeping our businesses open just to name a few. All of these things are stressful on their own, let alone trying to juggle them all!  Working with our neighboring communities, and regional and state partners, we have put together a list of resources for our small businesses.

Lathrup Village Businesses

Financial Assistance Programs
There are many different financial assistance available at the county, state, and federal levels. Below are those resource links.

**New**
The U.S. Small Business Administration and Treasury Department announced on January 8th the reopening of the Paycheck Protection Program (PPP). PPP has authorized up to $284 billion toward job retention and certain other expenses through March 31, 2021.
 
 
Main Street America and Brother International are working together to support small businesses and amplify the importance these enterprises play in communities across the country. 
The program will support brick-and-mortar small businesses in designated Main Street districts as they work to adapt to COVID-19 and prepare for the next phases of reopening across the country, while also helping to revitalize and strengthen older and historic commercial corridors. Grants of $5,000 to $10,000 will be awarded on a competitive basis. Applications will open at 12 pm EST/11 am CST on Thursday, January 21 and continue to be accepted through Thursday, January 28 at 7:59 pm EST/6:59 pm CST.
 
Opens January 15, at 9:00 am
Service industry employees impacted by the current state health department "pause" are eligible to apply for grant funds through the Michigan Restaurant & Lodging Association Educational Foundation. Workers impacted by the current order may apply for one-time grants of up to $1,650. Applications will be accepted 9 a.m. Jan. 15 to 5 p.m. Jan. 25, the release states. All applicants will receive an email no later than Feb. 26 confirming whether the grant was approved or denied. More information here.


 Oakland County Economic Recovery Grants
 Michigan Small Business Restart Grant Program
Oakland County COVID-19 Grant-Funded Legal and Financial Consultation and Training for Small Businesses

Michigan Occupational Safety & Health Administration (MiOHSA) Grants for small employers
MEDC Michigan Business COVID-19 Resource Page

SBA Coronavirus Relief Options include the following programs:

Consumers Energy Utility Assistance

Re-Opening Your Business
It's a guarantee things are different and "normal" is relative. Here are a few guides on how to re-open safely:
Recovery Readiness: A How-To Guide to Reopen Your Workplace
National Restaurant Association COVID-19 Reopening Guidance

Additional Resources & Guides

Oakland County One Stop Shop Business Center Coronavirus Resources
Resources for Michigan Businesses
Small Business Resource Guide
TCF Small Business Relief Program (press release)
Synopsis of Financial Assistance (Friedman Real Estate)
Health Order Compliance Packet (a How to... guide)
Emergency Cash Flow Tutorial
Workplace Discrimination as a Result of COVID-19
Michigan Economic Development Corporation

 

This list of resources will grow and evolve as we continue our efforts to identify ways we can support our small businesses. If there is a particular issue with which you need information or you have an idea on how to help, please send an email to sstec@lathrupvillage.org

For more information on this rapidly evolving situation, please visit the following websites:

Oakland County Health Division (OCHD)
State of Michigan
Center for Disease Control (CDC)

Stay Healthy!