North Carolina Business Relief Resources
Did you hear the State Board of Education has authorized a new grading policy? It says if students were doing well on March 13 then they will be promoted to their next grade. For high school students they will have the option for a numeric grade to help with the GPA or can choose a pass or withdraw grade so it won’t be counted to their GPA. Click here to read more from the News & Observer.
- In response to the unique economic challenges of COVID-19, a consortium of public, private, and nonprofit partners have come together and launched an innovative recovery-lending called the the North Carolina COVID-19 Rapid Recovery for Small Businesses program to help support entrepreneurs and stabilize North Carolina’s small business sector.
- Parents now have an easy way to locate free meal sites for their children by just texting a simple code. Parents who need food assistance for their children can text FOODNC to 877-877 to find nearby meal sites while schools are closed during the coronavirus pandemic. Parents can also view an updated map of No Kid Hungry's food-site locations by visiting www.nokidhungrync.org/covid19/. They can also call 2-1-1 to speak with an operator who will help them locate sites in their community 24 hours a day, seven days a week.
- The US Chamber of Commerce has prepared and released three documents to help small businesses receive coronavirus emergency loans, assist business owners on understanding the programs and initiatives of the Coronavirus Aid, Relief, and Economic Security (CARES) Act, and answer frequently asked questions about paycheck protection.
As of 3/25/2020, I wanted to share some recent updates regarding COVID-19 relief initiatives and data being taken at the federal and state level incase you are finding yourself and your family impacted. We can do great things when we pull together, and we are glad so many people are working together to help ease the burden of others during this new challenge before our country:
- The NC House had a special House legislative committee meeting today to discuss ways to help people in North Carolina impacted by COVID-19.
- Wake County to follow Mecklenburg, Durham, and Pitt Counties and issue a stay-at-home order at a press conference tomorrow.
- President Donald Trump and members of Congress have agreed on a $2 trillion relief package that will send payments to most Americans, expand unemployment benefits and help small businesses.
- All schools statewide are closed through May 15. Online learning and teaching is being put into place, with details to follow.
- Gatherings of 50 or more people have been banned in North Carolina, necessitating the closure of movie theaters, gyms and fitness clubs, bowling alleys and sweepstakes parlors as of March 25. Barbershops, salons and some other businesses also will be closed by executive order.
- Businesses that remain open are encouraged to take the temperatures of all employees and customers before allowing them in the building.
- A toll-free Hope Line has been established for older adults experiencing isolation from social distancing. Call 1-866-578-4673 or 1-866-578-HOPE.
- NC Superintendent predicts schools will not re-open in April. https://www.wral.com/schools-superintendent-this-is-a-multi-week-maybe-multi-month-event/19021466/
- Duke Energy and Piedmont Natural Gas have announced that they will temporarily waive late fees for payments and suspend disconnections. https://news.duke-energy.com/releases/duke-energy-and-piedmont-natural-gas-take-new-steps-to-help-customers-communities-and-employees-in-wake-of-covid-19
- The Trump administration has announced Tax Day will be moved from April 15th to July 15th. https://www.foxnews.com/politics/tax-day-moving-to-july-15-amid-coronavirus-crisis-mnuchin-announces
- Bank of America will allow borrowers to pause their mortgage payments. https://www.housingwire.com/articles/bank-of-america-will-allow-borrowers-to-pause-their-mortgage-payments/
- NC has set up a hotline to receive the latest information on COVID-19. North Carolinians can call 2-1-1 to get free, confidential information.
- President Trump has temporarily suspended payments on federal student loans for at least the next 60 days. https://www.forbes.com/sites/sarahhansen/2020/03/20/trump-temporarily-suspends-payments-on-federal-student-loans/#158482ea1349
- Walmart is planning to hire over 150,000 new workers, and is providing current workers bonuses. https://abc11.com/finance/walmart-hiring-as-current-employees-get-$350m-in-bonuses/6031352/
- The U.S. Small Business Administration has approved the request for North Carolina's disaster declaration. Eligible applicants impacted by the effects of COVID-19 can now apply for economic injury disaster loans (EIDLs) at: https://disasterloan.sba.gov/ela
- The Economic Development Partnership of North Carolina has released a PDF document of North Carolina Business Relief Resources for businesses impacted by COVID-19. Resources include databases to alleviate supply chain disruptions, funding resources that provide low interest lending options, business counseling services including layoff aversion strategies, unemployment insurance claim guidance, and other helpful government resources. View document below. Open the PDF directly here.
- As the response to COVID-19 continues to change, the state has set up a text update tool to keep North Carolinians on the latest coronavirus updates in our state. Text COVIDNC to 898211 to receive updates.
- President Trump has signed legislation that provides expanded family and medical leave, free coronavirus testing, paid emergency sick leave for up to 14 days, updated unemployment benefit assistance for impacted states, and food assistance for seniors and pregnant woman. Learn more about the 2nd response bill here: https://www.foxnews.com/politics/senate-passes-houses-coronavirus-response-bill-sends-to-trump
- President Trump has announced the FDA is making an anti-malaria drug available 'almost immediately' to tackle coronavirus after usage has shown to help alleviate respiratory complications related to the coronavirus virus. Visit https://www.foxnews.com/politics/trump-fda-experimental-drugs-coronavirus to learn more.
- The NC Commissioner of Banks has released a statement noting that our state's financial institutions are strong.
- Hospitals have been postponing non-essential services and diverting resources to the treatment and testing of coronavirus.
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