Region 10 Economic Disruption + Loan Program Information
Region 10’s Small Business Resource Center provides assistance to businesses experiencing economic distress and/or disruption with SBDC business consulting, technical assistance services, and loan fund assistance. Our information sheet regarding these and additional programs can be found here and can be printed to share with businesses.
Additionally, our loan program is designed specifically to assist impacted businesses with loans up to $10,000 per business with flexible terms and a 90-day initial payment deferral. This program can deploy capital to businesses for working capital or gap financing of other SBA Disaster Loan Programs that are available. For existing loan fund clients, Region 10 will offer a Loan Extension and Modification that will allow deferral of payments for up to 90 days. Businesses interested in these programs should contact Dan Scinto or 970-765-3126.
Businesses seeking technical assistance or consulting regarding how to prepare and/or recover during an economic disruption should contact Nancy Murphy, 970-765-3130, and/or register for SBDC consulting here. Further assistance can be found in The Disaster Recovery and Continuity Guide for Colorado Businesses. Download the guide here.
Region 10 is also working with other local and state partners for business assistance and will send more information as it becomes available.
Small Business Administration
- SBA Disaster Assistance in response to Coronavirus (COVID-19):
- The SBA Guidance for businesses and employers, including access to capital, workforce capacity, inventory and supply chain shortfalls, and export assistance.
Colorado Department of Labor & Employment
- Emergency Paid Leave Rule – This rule is meant to limit the spread of highly contagious disease and enables workers in at-risk occupations to access testing.
- Unemployment Insurance – During layoffs, all employees are encouraged to apply for unemployment insurance. Those who are job-attached (meaning workers will be expected to return after a separation of up to 16 weeks) should file as “job-attached.”
- Work-Share Program may allow certain employees who have had reduced hours to claim partial unemployment benefits.
- Colorado Restaurant Association Policies and Protocols for the Colorado Restaurant Industry
- Environmental cleaning and disinfecting
- U.S. Department of Labor Offers Guidance for Preparing Workplaces for Coronavirus
- Pandemic Preparedness in the Workplace and the Americans with Disabilities Act.
- Division of Federal Employees’ Compensation: Information on FECA Coverage for Coronavirus Disease
Region 10’s Small Business Resource Center serves as the office of