CASPER, Wyo. – Governor Mark Gordon announced on Saturday morning that Wyoming small businesses are now eligible to apply for economic disaster loans through the U.S. Small Business Administration (SBA).
According to a release, the announcement applies to businesses in 23 counties.
The loans are low-interest and are intended to provide capital to help small businesses survive through disasters and eventually recover.
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Small business in Wyoming and around the country have been hit particularly hard during the COVID-19 pandemic.
Unemployment numbers have not been released, but Wyoming Department of Workforce Services told Oil City yesterday that requests for unemployment benefits have risen dramatically, causing phone wait times up to three hours.
The full release follows:
CHEYENNE, Wyo. – Governor Mark Gordon announced that Wyoming small businesses are now eligible to apply for up to $2 million per company in federal economic disaster loans through the U.S. Small Business Administration (SBA). The announcement applies to businesses in all 23 counties.
Economic Injury Disaster Loans administered by the SBA are designed to help small businesses and private nonprofits that have suffered substantial economic injury as a result of COVID-19.
“I thank the SBA for giving final approval to make Wyoming businesses eligible to apply for these funds. I also thank our Congressional delegation for working to make this happen,” Governor Gordon said.
The low-interest loans provide the necessary working capital to help small businesses survive until normal operations resume after a disaster. The loan amount will be based on actual economic injury and financial needs, so small business owners are encouraged to gather items such as financial statements, tax returns and revenue projections to prepare for a loan request.
Wyoming SBA Director Amy Lea said applicants may apply for loans online at sba.gov/disaster and will be able to check their application status there as well. If an employer or employee needs assistance in preparing their application package, the Wyoming Small Business Development Center Network (SBDC) can assist businesses with preparing a loan package at no charge. Their team are experts in providing virtual advising. Find your SBDC regional director at https://www.wyomingsbdc.org. Their website also has COVID-19 small business resources.
Other resources are also available to help businesses navigate this evolving situation. Regional directors at Manufacturing Works can provide technical assistance in securing supply chains. Email firstname.lastname@example.org for more information.
Wyoming Business Council regional directors can help businesses navigate assistance needs and options. Contact information can be found at https://wyomingbusiness.org/contactus.
Most importantly, we want Wyomingites to stay healthy. We encourage you to follow the CDC guidelines on sanitation and social distancing. Wyoming’s business community is resilient, and together we will help each other emerge from this challenge stronger.
The Latest Statistics from the Wyoming Department of Health:
What to do if you are feeling sick: In the wake of the COVID-19 outbreak, the Casper-Natrona County Health Department says that people who are feeling sick or exhibiting symptoms should contact their primary physician.
If you do not have a primary care provider, and live in Natrona County, please contact the COVID-19 hotline, operated by the Casper-Natrona County Department of Health. The line is open Monday – Friday 8:00 am – 5:00 pm 577-9892. Hotline services are intended for Natrona County residents and may not be able to provide specific information to persons calling from out of county.
Officials ask that you please do not self-report to the Emergency Room. Persons experiencing problems breathing should call 9-11.
For general inquiries and non-symptom related questions about COVID-19, please contact the Casper-Natrona County Health Department via email: email@example.com
- Practice Social Distancing by putting distance between yourself and other people. This is especially important for people who are at higher risk of getting very sick.
- Wash your hands often with soap and water for at least 20 seconds especially after you have been in a public place, or after blowing your nose, coughing, or sneezing. If soap and water are not readily available, use a hand sanitizer that contains at least 60% alcohol.
- Avoid close contact with people who are sick
- Stay home if you’re sick
- Cover coughs and sneezes. Cover your mouth and nose with a tissue when you cough or sneeze or use the inside of your elbow.
- Clean AND disinfect frequently touched surfaces daily. This includes tables, doorknobs, light switches, countertops, handles, desks, phones, keyboards, toilets, faucets, and sinks.
A list of area closures attributed to COVID-19 are available here.