COVID-19 Resources

As the impacts of the COVID-19 virus continue to unfold, Mayfield Village strives to keep its commercial stakeholders as informed as possible.  Below are some valuable resources to help you stay educated and respond wisely to the pandemic.

SMALL BUSINESS ADMINISTRATION

  • NEW! RESTAURANT REVITALIZATION FUND
    Registration is now open for the SBA's Restaurant Revitalization Fund to assist with eligible expenses (payroll, sick leave, health benefits, rent or mortgage, utilities, capital maintenance, cleaning, food & beverage) between February 15, 2020 - March 11, 2023.  Applications will begin online Monday, May 3rd, and you must be pre-registered.  Please register and apply early for these competitive funds.
    Click here for program guidelines, or visit https://www.sba.gov/funding-programs/loans/covid-19-relief-options/restaurant-revitalization-fund#section-header-1

  • PAYCHECK PROTECTION PROGRAM
    PPP has been extended to assist companies with payroll (including benefits), rent, utilities, worker protection and more.
    FIRST DRAW LOANS
    - for first-time participants
    - for companies with 500 or fewer employees
    - max. loan of 2.5 times average monthly payroll costs, 1% interest rate
    - forgiveness available
    - apply via participating lender by May 31, 2021 (find a lender here)
    - click here for first draw application

    SECOND DRAW LOANS
    - for returing participants who have exhausted the first round of funds
    - for companies with 300 or fewer employees
    - must demonstrate at least 25% reduction in sales between comparable quarters from 2019 to 2020
    - max. loan of 2.5 times avergage monthly payroll costs up to $2M (food services max. 3.5 times up to $2M), 1% interest rate
    - forgiveness available
    - apply via participating lender by May 31, 2021 (find a lender here)
    - click here for second draw application

  • ECONOMIC INJURY DISASTER LOAN PROGRAM (EIDL)
    EIDL provides working capital up to $2,000,000 (3.75% for 20 years)
    Apply directly through the SBA here 
    For assistance with the application, call 800-659-2955 or 216-522-4180.  A video tutorial is also available here

  • SBA DEBT RELIEF
    If you have an existing SBA 7(a) loan, the SBA will make your principal and interest payments for the next 6 months.  Contact your bank to notify them you are taking advantage of this program
    While the SBA can not intervene in conventional loans, they do suggest contacting your lender to request re-structuring and / or payment deferral

  • EXPRESS BRIDGE LOANS
    Express Bridge Loans allow small  businesses to access up to $25,000 in emergency funding with streamlined paperwork, and is designed to assist while awaiting EIDL funding
    To be re-paid in part or in full using EIDL proceeds
    Apply through an SBA lender (lenders can be found here)

  • SBA Small Business Guidance Loan Resources

SMALL BUSINESS DEVELOPMENT CENTER

Cleveland State University's Small Business Development Center (SBDC) has recruited a team of consultants who specialize in marketing, cybersecurity, human resources, intercultural training, exporting, accounting, finanace and restaurant management.  In response to the pandemic, the SBDC will provide these services at no-charge to small and mid-sized enterprises who are already SBDC clients or are eligible to become SBDC clients.  Each consultant has a wealth of experience and a proven track record of successfully helping companies navigate change, adapt and succeed in challenging times.  Click here for details.

DECEMBER, 2020 CORONAVIRUS RESPONSE & RELIEF APPROPRIATIONS ACT

  • Click here for a user-friendly summary of the latest Federal emergency response, passed by Congress December 21, 2020.

MAYFIELD VILLAGE SMALL BUSINESS RELIEF FUND

  • A limited number of $2,500 grants are still available under the third round of Mayfield Village's COVID-19 small business relief program to reimburse small businesses for expenses such as payroll, rent or mortgage, utilities, PPE or sanitizing supplies needed to continue operate safely during the pandemic.  Application, including supporting documents and W9 form must be received electronically (email to jmarquart@mayfieldvillage.com or fax to 440-461-7349).  Complete, eligible applications will be processed in the order they are received until the $50,000 fund is exhausted.

    For more information, contact Economic Development Manager, John Marquart, at 440-461-7894 or jmarquart@mayfieldvillage.com

CITIZENS BANK SMALL BUSINESS CHAMPION AWARDS

  • Citizens Bank is awarding $10,000 cash prizes to up to 30 small business applicants who are account holders or headquartered in Ohio with max. sales of $3M per year.  Applicants must demonstrate a strong impact the local community.  Applications are open to multiple states and will be accepted thru March 1st.  For more information or to apply, click here.

CUYAHOGA COUNTY

  • Live agents are available at the County's Small Business Resource Center to answer questions about any assistance program.  Call 216-452-9714 (8:00 am - 5:00 pm weekdays)

STATE OF OHIO DEVELOPMENT SERVICES AGENCY

  • OHIO SMALL BUSINESS RELIEF FUND
    The State of Ohio is offering $10,000 grants to assist small businesses affected by COVID-19.  To qualify, you must be a for-profit enterprise employing at least 1 but no more than 25 employees (FTE).  For full eligibility requirements and program details, click https://businesshelp.ohio.gov/small-business-relief-grant.html
    Applications begin Monday November 2nd at 10:00 AM online only at www.businesshelp.ohio.gov

  • OHIO BAR & RESTAURANT ASSISTANCE FUND
    The State of Ohio is offering $2,500 grants to assist liquor license holders affected by COVID-19.  To qualify, you must actively hold an Ohio Division of Liquor Control license and use the funds on COVID-related expenses due to business interruptions caused by the pandemic (such as public health shut-down orders).  License holders are eligible to apply for this grant in addition to the above Small Business Relief Fund grants, and you are eligible for each unique location holding a license.  For full eligibility requirements and program details, click https://businesshelp.ohio.gov/pdf/10262020-bar-and-restaurant-assistance-fund.pdf
    Applications begin Monday November 2nd at 10:00 AM online only at www.businesshelp.ohio.gov
  • Questions regarding all relief programs, unemployment options or other resources?  ODSA has established a one-stop Office of Small Business Relief to support Ohio's small businesses
    Call 833-BIZ-OHIO (833-249-6446) or email BusinessHelp@Development.Ohio.Gov

STATE OF OHIO GOVERNOR'S OFFICE

  • Governor DeWine has indicated that Ohio will begin a phased re-opening of the state's economy as follows:
    Friday, May 1st
    - medical procedures (nor requiring hospital admission / overnight stay)
    - dental offices
    - veterinary offices
    All re-openings are subject to provision of necessary PPE, infection control practices and disclosure of the risk of COVID-19 with patients

    Monday, May 4th
    - manufacturing
    - distribution
    - construction
    All re-openings are subject to safety requirements for customers and employees

    Monday, May 4th
    - general offices
    All re-openings are subject to safety requirements for customers and employees

    Tuesday, May 12th
    - consumer, retail and services
    All re-openings are subject to safety requirements for customers and employees

    Friday, May 15th
    - salons, barbers, personal care
    All re-openings are subject to safety requirements for customers and employees

    Friday, May 15th
    - restaurants (outdoor dining only)
    Thursday, May 21st
    - restaurants (dine-in)
    All re-openings are subject to safety requirements for customers and employees

    Tuesday, May 26th
    - gyms, fitness centers
    All re-openings are subject to safety requirements for customers and employees

    Tuesday, May 26th
    - tennis clubs / courts
    All re-openings are subject to safety requirements for customers and employees

    Monday, June 1st
    - catering / banquet facilities (gatherings less than 300 people, 6 feet between tables, no congregating)
    All re-openings are subject to safety requirements for customers and employees

    For more information on businesses that must remain closed, click here

    For more guidance, view / download the latest, updated Director of Public Health's Business Guidelines.  Also attached for reference is the OSHA Guide to Preparing Workplaces, the Cleveland Clinic's Creating a Safe Workplace and University Hospitals' Healthy Restart Playbook to assist in getting ready to re-open your doors (these resources are not intended to supercede the Governor's guidelines)

US CHAMBER OF COMMERCE

ECONOMIC & COMMUNITY DEVELOPMENT INSTITUTE

  • ECDI has established the Recovery Loan Fund, offering loans of up to $20,000 at 6% for 69 months (3 months interest only).  Call 614-559-0115 or email Recovery@ecdi.org to apply.

STATE OF OHIO BUREAU OF WORKERS COMPENSATION

  • In an effort to provide relief, Ohio BWC will defer June, July and August premiums with no penalty.
  • BWC will also issue direct rebate checks to Ohio businesses in the amount equal to your 2018 premiums (less any oustanding balance) on or about the week of April 27th.  Click here for more information, or contact your BWC claims specialist.

STATE OF OHIO DEPARTMENT OF JOB & FAMILY SERVICES

GREATER CLEVELAND PARTNERSHIP

  • InGEAR one-stop local employment listings, including a link to post your positions

TEAM NEO

MAYFIELD AREA CHAMBER OF COMMERCE

  • Webinar Series
    Mayfield Village has partnered with MACC and our neighboring municipalities to hold the "Keeping Your Business Going Through the Pandemic" series.
    All webinars are available on-demand at: http://www.mayfieldareachamber.org

SAMUEL ADAMS - GREG HILL FOUNDATION

OHIO RESTAURANTS ASSOCIATION

  • The Emergency Employee Relief Fund offers small grants to assist with living expenses for restaurant workers who have been laid off during thepandemic

NORTHERN OHIO PRINTING

OHIO MANUFACTURERS ASSOCIATION

  • Need personal protective equipment during this crisis?  Have some to sell or donate?  Check out the OMA Emergency PPE Marketplace.  The marketplace is the place to buy and sell PPE at fair prices (no brokers) in small quantities.

As Mayfield Village continues to explore ways in which we can further assist your business, please remember to support local businesses as much as you can in the meantime, particularly our restaurants and hotels, who are perhaps most impacted by the pandemic.  As always, Mayfield Village is here to serve you.

John Marquart, Economic Development Manager, 440-461-7894