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Additional Grant and Loan Fraud Alerts
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The Small Business Administration has become aware of several fraudsters who are targeting small business owners during COVID-19. Please
click here
to learn more about some of the common red flags and warning signs SBA is advising everyone to be on the lookout for, from grant and loan fraud, to phishing. Do not click on suspicious email links, and report any suspected fraud to the Office of the Inspector General’s Hotline at 800-767-0385 or
online
.
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Free Electric Moped Use for Businesses
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Revel
is providing
free memberships
for its electric mopeds to a set number of small business employees to assist them in meeting delivery demand during COVID-19. Free memberships are available for four weeks; in return for the free service, businesses must promote the service on social media.
Click here
for full details and email
todd.mcdonald@gorevel.com
if interested.
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VIC THE VIRUS: Protect Yourself by Knowing Your Enemy
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A clear and simple visual story on how COVID-19 spreads and kills -- and how we will beat it. In the spirit of Sun-Tzu's "Know your enemy," we chose to tell the story from the point of view of the virus.
Written by a bestselling author, a disease scientist PhD, and an award-winning cartoonist, this story gives a renewed sense of perspective. Writing this helped us see what to do next, and even gave us a bit of needed calm.
Click Here to view the slideshow
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Please Complete the 2020 Census
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Now more than ever, it's important for you and all of your employees to fill out the
2020 Census
, which is available online (it can also be completed over the phone, or mailed in). It takes less than 5 minutes, and determines - among other things - how federal funding gets spent over the next 10 years. Among the 33 largest cities in the U.S., DC had the second-highest undercount rate in the 2010 Census, making it even more imperative to get a more accurate count this year.
Click here
to complete the form. If you don't have your 12-digit Census ID, you can enter your home address instead.
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National Small Business Virtual Town Hall
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The federal government has acted, and $350 billion in loans are now available to help small businesses impacted by the coronavirus. Businesses now are challenged to understand the lending process, and then act to take advantage of this emergency aid.
This Friday, April 3 at noon ET, the U.S. Chamber of Commerce and Inc. will team up once again for a virtual National Small Business Town Hall to help small businesses navigate the process of accessing the new loans available to them. Inc. Editor-At-Large Kimberly Weisul will moderate a fireside chat with the U.S. Chamber’s Executive Vice President and Chief Policy Officer Neil Bradley to discuss the latest guidance from the federal government on the CARES Act, as well as the path to recovery for the economy as a whole.
They’ll be joined by a panel of business experts to answer your questions on how businesses can tap into these new resources, share different ways to incorporate these loans into a broader business plan, and offer counsel on how and when entrepreneurs can begin to think about recovery.
RSVP
:
Click here to register for this Friday's event.
Date
: Friday, April 3
Time
: 12:00 PM to 1:00 PM EST
Where
: Virtually on Microsoft Teams Live Events, details will be sent in your confirmation email.
Space is limited and advance registration is required. Please RSVP at the link above by tomorrow morning to ensure your participation.
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Updates from the DC Chamber of Commerce
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IRS: Employee Retention Credit available for many businesses financially impacted by COVID-19 (
HERE
)
The Treasury Department and the Internal Revenue Service today launched the Employee Retention Credit, designed to encourage businesses to keep employees on their payroll. The refundable tax credit is 50% of up to $10,000 in wages paid by an eligible employer whose business has been financially impacted by COVID-19.
Treasury and IRS Release FAQs to Help Small and Midsize Businesses Navigate Paid Sick and Family Leave Tax Credits (
HERE
)
The U.S. Department of the Treasury and the Internal Revenue Service are offering small and mid-size employers more information on refundable tax credits that reimburse them, dollar-for-dollar, for the cost of providing their employees paid sick and family leave wages related to COVID-19.
Department of Labor Announces New Paid Sick Leave and Expanded Family and Medical Leave Implementation (
HERE
)
The U.S. Department of Labor today announced new action regarding how American workers and employers will benefit from the protections and relief offered by the Emergency Paid Sick Leave Act and Emergency Family and Medical Leave Expansion Act, both part of the Families First Coronavirus Response Act (FFCRA). The department’s Wage and Hour Division (WHD) posted a
temporary rule
issuing regulations pursuant to this new law, effective today, April 1, 2020.
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ABRA Update: Deadline Extensions, Service Modification
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ABRA remains operational during the coronavirus (COVID-19) public health emergency; however, its physical office is closed to the public through Friday, April 24. I want to reassure our customers, community representatives, residents, and partners that the entire ABRA team remains committed and available to answer your questions and deliver key services, albeit remotely, during this period.
You may continue to call our main phone number, send us emails, and submit applications and payments by postal mail. Complaints about ABC-licensed establishments can also continue to be
submitted by phone, email, or online
.
We also understand that in a time of rapid change, announcements of key deadline extensions and service modifications may have gone overlooked. They include:
-
Annual License Payments
| Extended from March 31 to June 1.
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Alcohol License Expirations
| Licenses that expire March 16 – May 31 are now valid through June 1.
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Fines
| Fines due between March 16 – May 31 are now due June 1.
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Q1 Statements
| Extended from April 30 to June 1.
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Protest Petition Deadlines
| All protest deadlines scheduled for March 23 – May 4 have been extended. The new Protest Petition Deadline and Roll Call Hearing dates for all five (5) affected filing dates during this period are now Monday, June 1, and Monday, June 15, at 10:00 a.m. respectively. Establishments will not be re-placarded with the updated deadline.
-
Protest Status Hearings and Protest Hearings
| Hearings scheduled through April 22 have been postponed. New dates and times will be announced at a later date.
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Notice of Public Hearings
| ABRA continues to accept and process new applications. However, the placarding of a new establishment has been suspended. When placarding does resume, the 45-day protest petition period will also resume.
Additionally, under current law, a licensee that ceases operations or closes it premises for 21 or more days is required to place their ABC license in safekeeping. The ABC Board has delayed the tolling of the 21-day period until the Public Health Emergency has ended.
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Professional Assistance on SBA Loan applications
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Watch this space for professionals who may be able to help with the various accounting, legal, and other issues businesses are having to deal with as they apply for loans and grants. The resources and contacts listed are professionals and do not necessarily provide their services on a pro bono basis.
For businesses or nonprofit organizations needing assistance in the new SBA loan applications Mikella Girma is available to help.
Mikella M Girma | Vice President Business Banking
1776 Eye Street, NW | Washington, DC 20006
Cell: 202.492.2727 |Direct: 301.468.8848 Ext. 1304
E: mail: mgirma@capitalbankmd.com | www.capitalbankmd.com
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"Buy Restaurant Bonds" campaign encourages customers to support restaurants by gift card purchases
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The Adams Morgan Partnership is trying to help restaurants and bars that have forced to close or severely limit their services by encouraging customers to purchase gift cards for future dining. We are trying to make a splash with this campaign -- modeled after the
Buy War Bonds
campaigns of WWI and WWII -- to help draw attention to our 100+ restaurants and employees that are facing an uncertain future. Please join in via your own social media accounts using the hashtag
#BuyRestaurantBonds
Please tag us in your social media posts about the operating status of your business so we can pass the information along.
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POST YOUR EVENT ON OUR WEBSITE FOR FREE
If your business has an upcoming event happening in Adams Morgan, you can
submit it to our website here
. Submissions are moderated to ensure they are relevant to the Adams Morgan community.
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SPONSORSHIP OPPORTUNITIES
Sponsor one of our community events! Partner with our community while reaching some of the city's most desirable demographics. For details, contact
Kristen Barden
at
202-997-0783.
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©
Adams Morgan Partnership
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