Business Support

On March 20th, Gunnison County hosted a meeting to clarify and provide information on business resources available to businesses affected by the COVID-19 Incident. To watch the meeting video click here.

Important Information for all open businesses!

All open businesses must complete the hygiene and social distancing protocols and post them in their business. These do not need to be submitted, but they must be visible in your place of business. Please also note that all open businesses must operate within the restrictions outlined in approved sector plans (see your industry’s page below for the different sector plans) as approved by the public health director.

Business Questions

Businesses can submit their general questions to the Recovery team. Click here to submit your questions.

Beginning Monday, June 1, some subgroups will start meeting together as industries are able to reopen and operate on a more regular schedule. This industry-wide weekly meeting will be on Tuesdays at 9 am; any affected subgroups are now listed below with the new information (including times, Zoom information, and a joint agenda/minutes document). Unaffected subgroups will continue to meet at their regularly scheduled times, but members of those groups are invited to the joint Tuesday meeting, as well.

Self-subscribe to industry subgroups for email notifications:

RESOURCE LINKS

The below resources are applicable to a large audience. Industry specific resource links may also be found under the subgroup tabs.

Recently Released

Training or Learning Resources

Updates

The IRS will postpone the April 15 tax payment deadline by 90 days for millions of individuals who owe $1 million or less and corporations that owe $10 million or less. Americans still have to meet the April 15 deadline if they are expecting a refund or are requesting a six-month extension, but they can defer payment for up to 90 days beyond that. Click here to read additional information. More to come on this soon.

Gunnison County is initiating valley-wide conversations with business subgroups to begin crafting solutions to support local business through this difficult time. The exchange of information will illuminate immediate and future challenges and opportunities for each subgroup. A taskforce through the ICELab will work to bridge business subgroups with elected officials, resources and consultants.  More information coming shortly.

Federal Resources

Coronavirus Aid, Relief, and Economic Security (CARES) Act (HR 748, signed March 27, 2020)
Payroll Protection Program (PPP) – part of CARES Act
Employee Retention Credit (ERC)

The ERC program is designed to encourage eligible employers to keep employees on their payroll, despite experiencing economic hardship related to COVID-19. ERC is a good alternative to PPP in communities were businesses have been ordered to suspend or partially suspend operations. Businesses can’t do ERC and PPP.  If they have the necessary liquidity, businesses may decide that the ERC is better than borrowing funds and waiting for the forgiveness. They can take the credit right out of their quarterly payment. Clients are encouraged to discuss this with their accountant.

Families First Coronavirus Response Act
Small Business Administration (SBA)

Chart of similarities and differences between PPP and EIDL
Source: Colorado SBDC
More details comparing these two programs:
SBA EIDL Program vs the Paycheck Protection Program (PPP)

Other resources on federal loans and checks

Regional and Private Resources

Governor Polis Executive Orders
Other State Resources
County Resources
Private Resources