COVID-19 Relief Programs For Salon Owners, Employees, and Self Employed Beauty Professionals
We are all in this together. Whether you are a beauty establishment owner, employee, or a self- employed beauty professional this pandemic has greatly affected you and your business. Salonch is committed to helping in any way possible and we will do our best to help keep you informed on the continually changing situation caused by the COVID-19 virus.
Here are some resources to help you navigate during these difficult times:
Congress, the White House, and other federal agencies have been taking swift action to provide rapid financial relief to small businesses. Additional actions are likely in the coming days and weeks, and we will update you when those federal actions become final.
The Federal Reserve has announced that it will cut interest rates to 0% and take additional steps to stabilize the economy.
The Small Business Administration (SBA) has been given authority to issue $7 billion in loans for disaster relief. Through this authority, the SBA can provide up to $2 million in disaster loans to pay fixed debts, payroll, accounts payable, and other bills that can’t be paid because of COVID-19. Check the SBA website to see if your area has been declared eligible for disaster loan assistance.
The Secretary of Education will be waiving interest on all student loans held by the Federal Government.
Most states have issued their own guidance and relief programs for employers and employees in response to the coronavirus. Search for your state in the spreadsheet for the latest list of resources available to you locally.
Facebook has launched a small business grants program offering $100 million in cash grants and ad credits for up to 30,000 small businesses.
UberEats is waiving delivery fees for all orders from independently-owned restaurants to keep them in business as many cities begin to mandate the closure of storefronts.
Amazon created a $5 million Neighborhood Small Business Relief Fund to provide cash grants to local small businesses that will be impacted by fewer customers due to COVID-19. The fund is intended to support small businesses with fewer than 50 employees or less than $7 million in annual revenue located near Amazon’s Seattle office weather the outbreak.
Google has rolled out free access to its advanced Hangouts Meet video-conferencing capabilities to all G Suite customers until July 1 so businesses can stay connected with their teams and vendor
Small Business Financial Resources
This spreadsheet will regularly be updated with financial resources for small businesses. Check back for the most up-to-date information, and share it with a business owner who may benefit from the support.
More Helpful Information
Salon Owners and Beauty Professionals, Here Are 5 Ways To Be Productive During The COVID-19 Virus Read More
This may be the perfect time for you to create your FREE online recruiting presence. Learn More
We will continue to monitor the COVID-19 situation and update our community on guidance from health officials and government agencies.
The Salonch team, wishes you and your loved one’s health, happiness, and prosperity.